Secure Distributor Portal

Update Re: Standard Life Investments and Aberdeen Asset Management merger

Aberdeen                                             SLI


ASI



You can view the original communication here https://www.dstdistributorportal.com/asi



We recently wrote you about key changes which will take effect the end of this week regarding Aberdeen Asset Management and Standard Life Investments. As of Monday 10 December the new entity will be Aberdeen Standard Fund Managers Limited.

As part of our earlier communications you will have seen that our bank account details are changing.

It is really important you are taking action to ensure you can settle to the correct bank accounts during this period of change.

Aberdeen Fund Managers Limited

Note that the settlement period is changing from T+4 to T+3. Important to note that for AFML subscriptions traded on 7 December and 10 December you will be settling to a combination of both the old and the new bank accounts on Thursday 13 December 2018) – please see below for a day by day breakdown

Trades placed up to and on 6 December 2018

Please ensure you are able to settle trades to the current bank account noted in the web link below:

https://www.dstdistributorportal.com/fund-groups/item/aberdeen

Trades placed on 7 December (settling 13 December)

Please ensure you are able to settle trades to the current bank account noted in the web link below:

https://www.dstdistributorportal.com/fund-groups/item/aberdeen

Trades placed on or after 10 December 2018 (settling 13 December onwards)

Please settle to the new bank details, provided below:

Aberdeen Standard Fund Managers Limited

Account Name: Aberdeen Standard Fund Managers Limited Dealing Account 2

Sort Code: 40-02-50

Account No: 91435817

IBAN Number: GB96MIDL40025091435817

BIC Code: MIDLGB22

SLTM Limited Funds

Account Name: SLTM Limited GBP Dealing Corporate Account

Sort Code: 40-02-50

Account No: 11360418

IBAN Number: GB56MIDL40025011360418

BIC Code: MIDLGB22

Aberdeen Asset Management Life & Pensions Limited

Account name: Aberdeen Asset Management Life and Pensions Limited Dealing Account 2

Sort code: 40-02-50

Account no: 51435922

IBAN Number: GB37MIDL40025051435922

BIC Code: MIDLGB22

Mixed remittances (AFML and SLIMF) monies paid in bulk payment cannot be accepted and will be returned.

Standard Life Investments (Mutual Funds) Limited

Settlement period remains T+3

Trades placed up to and on 7 December 2018

Please ensure you are able to settle trades to the current bank account noted in the weblink below:

https://www.dstdistributorportal.com/fund-groups/item/standard-life

Trades placed on or after 10 December 2018

Please send to:

Aberdeen Standard Fund Managers Limited

Account Name: Aberdeen Standard Fund Managers Limited Dealing Account 2

Sort Code: 40-02-50

Account No: 91435817

IBAN Number: GB96MIDL40025091435817

BIC Code: MIDLGB22

SLTM Limited Funds

Account Name: SLTM Limited GBP Dealing Corporate Account

Sort Code: 40-02-50

Account No: 11360418

IBAN Number: GB56MIDL40025011360418

BIC Code: MIDLGB22

Aberdeen Asset Management Life & Pensions Limited

Account name: Aberdeen Asset Management Life and Pensions Limited Dealing Account 2

Sort code: 40-02-50

Account no: 51435922

IBAN Number: GB37MIDL40025051435922

BIC Code: MIDLGB22

Mixed remittances (SLI and AFML monies paid in bulk payment) cannot be accepted and will be returned.

In order to mitigate this, please update your systems and processes with the new bank details.

If you have any questions please contact Distributor Client Services or your Aberdeen Standard Investments key contact.