Standard Life celebrates market-leading sustainable index solutions
LSEG was delighted to close trading today in celebration of enhancements to Standard Life’s investment solutions - including its Sustainable Multi Asset and Future Advantage ranges.
Standard Life is part of Phoenix Group, one of the UK's largest long-term savings and retirement businesses.
Underpinning Standard Life’s core solutions is a climate-aligned sustainable index series, created in partnership between Standard Life, part of Phoenix Group and FTSE Russell.
This sustainable index series shapes the responsible investment approach Standard Life uses for its core investment solutions, enabling alignment to FCA Sustainability Disclosure Requirements (SDR) for many of its underlying passive funds.
The indices will help evolve and further embed Standard Life’s sustainable investment approach for over 2 million pension savers with close to £30 billion invested in multi-asset funds.
The Market Close event featured panel discussions covering sustainable index construction, stewardship and the SDR labelling regime.
The event was hosted by Callum Stewart, Standard Life’s Head of Investment Proposition Development, and we were delighted to welcome Valeria Piani, Head of Stewardship and Graham Cook, Co Head Investment Strategy & Sustainability, also from Phoenix Group; as well as Stephanie Maier, Global Head of Sustainable and Aled Jones, Head of Sustainable Investment, EMEA - from FTSE Russell.
“We have worked hard to be one of the first to embrace the FCA’s new Sustainability Improvers™ label. With over £30bn of Standard Life’s core solution portfolios targeting a sustainability objective, our approach is intended to improve customer outcomes while providing high levels of transparency through enhanced disclosures. It’s an iterative process where we expect future developments to be part and parcel of our focus.”
“We will deliver this approach in line with our customised sustainable index methodologies, which are based on FTSE Climate Aligned Benchmarks. Our custom index methodology combines alignment with 2050 climate transition targets alongside forward-looking insights, including those available from the Transition Pathway Initiative.”
“This is a truly modernised approach, which is expected to improve long-term financial outcomes for customers.”
Callum Stewart
Head of Investment Proposition Development
Find out more about Standard Life’s approach to responsible investment in its core solutions.
About Standard Life
- Standard Life is a brand that has been trusted to look after peoples’ life savings for 200 years.
- Today it proudly serves millions of customers who come to Standard Life directly, through advisers and through their employers’ pension scheme.
- Standard Life is part of Phoenix Group, one of the UK's largest long-term savings and retirement businesses. We’re proud to be building on 200 years of Standard Life heritage together.
- Our products include a variety of Pensions, Bonds and Retirement options to suit people’s needs, helping our customers to invest and save for their future. We’re proud to offer a leading range of sustainable and responsible investment options.
- We support our customers on their journey to and through retirement with comprehensive, easy-to-understand guidance so they can invest in the right way for their needs and plan a future they feel confident about.
- The value of investments can go down as well as up and may be worth less than originally invested.
