5th November 2014
There have recently been some developments in the UAE regulatory landscape and resulting business environment which have impacted on Standard Life International Limited’s (Standard Life) branch in the DIFC.
As a result Standard Life has decided to close the Regular Savings Plans to new business with immediate effect, and cease acceptance of any further contributions into all existing Regular Savings and Investment Plans.
It is with regret that we have also taken the decision to close our branch in Dubai at the end of January 2015, subject to regulatory approvals.
At all times Standard Life tries to limit the impact on our customers of any business changes we make.
As the decision to close our Dubai branch will result in us being unable to continue to service financial advisers in the region and therefore restricts our service to customers, we have contacted all customers with an in force plan directly today.
If you have any questions, please don’t hesitate to contact our customer service team in Ireland at 800 0444 0441 (Toll-free within the UAE) or +353 1 531 9393 (if calling from outside the UAE), between the hours of 10am to 6pm UAE time, Monday to Friday.
You may also email us at firstname.lastname@example.org.