Standard Life streamlines stock plans

Standard Life has added two new features for Canadian publicly listed companies to its group savings and retirement offerings: stock and stock options plans administration solutions.

The first feature enables employees to make online withdrawals from their stock plan directly from Standard Life’s transactional website. The second allows employers to access a variety of stock option arrangements that will help their employees administer and exercise options.

“We know that people have little time to spend planning for retirement and this is what has been driving us to enhance our offer. We aim to develop tools that make things easier and more efficient for everyone,” said Louise Pellerin-Lacasse, vice-president, product development and management at Standard Life.