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Wrap and Fundzone TYE deadlines

Information on cut-off dates around tax year end for Wrap and Fundzone. Please ensure all relevant business is completed by the dates specified.

Paying money into the platform

Paying money into the platform

BACS/Direct Credit (last day for sending) Tuesday 1 April
CHAPS (last day for sending) Thursday 3 April
(before 12pm)
Cheque (must be received by Aberdeen Client Servicing, Sunderland, SR43 4EE) by  Friday 4 April
(before 5pm)

Direct debit instruction

ISA/PP - Online Direct Debits (with client present) for first or top up instructions must be submitted on Platform by Friday 4 April  
ISA/PP Paper Direct Debits for first instruction must be received by, and top up submitted on Platform by Friday 4 April 
 
 

Wrap SIPP only

SIPP First Direct Debit instruction must be submitted on platform by Friday 21 March                                     
SIPP Top up Direct Debit instructions must be submitted on platform by Friday 28 March

Drawdown

Internal transfers (Standard Life Insured Pension (SLIP) funds) Friday 28 March
External transfers (Standard Life Insured Pension (SLIP) funds) Friday 28 March
External transfers (Self Investment (SI) cash) Friday 28 March

Please note, all of the above are subject to there being sufficient liquidity and Aberdeen being in receipt of a clean instruction.

Money out

SIPP Income (paid via BACS) request must be received by         Thursday 27 March
SIPP Tax Free Lump Sum request must be received by    Thursday 27 March
Transfers and Singles with a drawdown request must be submitted by Friday 28 March

Please note, all of the above are subject to there being sufficient liquidity and Aberdeen being in receipt of a clean instruction

ISA and PP withdrawals from Cash (same day payment instructed before 11am)            Friday 4 April
ISA and PP withdrawals from Investments (same day payment with sells)               Thursday 27 March    

International Bond Assignments and Surrenders


Assignments on Platform cannot be processed from the 28th to the 5th of each month 

Offshore Bond Surrender Thursday 13 March
For assignments where payment out is expected in the current tax year. 
This allows sufficient time for processing both the assignment and payment out transaction.		 Friday 28 February

Tools and Trading

Personal Portfolio (PP) to ISA tool on Platform (Wrap and Fundzone) we require the wizard to be submitted by* Saturday 5 April
To move cash from a joint Personal Portfolio (PP) to an individual account, a sell trade must be submitted by Friday 21 March
(MPS may take longer).
To move monies between accounts, including PP to PP inspecie transfers, we must receive a clean instruction by Friday 21 March
For a Non-Wrap Enabled firm, we require a trade instruction over the phone to our Customer Centre by Tuesday 25 March

*Your client will be out of the market for 3-5 days (inc MPS) (via PP to ISA process)

General FAQs

  • Can I amend my client’s tax code with you? HMRC provide us with your client's tax code electronically. We cannot amend this and recommend your customer contacts HMRC directly unless you are authorised to do so.
  • When will my client receive their P60? Your client will receive their P60 by the end of May and once issued, will be stored within the client's document library.
  • When will I receive my Consolidated Tax Certificate? If your client holds a Personal Portfolio that has generated interest or dividends, a Consolidated Tax Certificate will be issued in May or June. This will be posted and stored within the client's document library.

Tax allowances for 2024/25 tax year

ISA allowance £20,000
JISA allowance £9,000
CGT allowance £3,000 

Bank account, payment and address information

Bank account

Bank accounts

Bank accounts  Find our bank accounts details for all platforms and products.

Please note all monies must be referenced with the following:

ISA/ PP – client’s WP number and name

SIPP – client’s D number and name

 

Cheques

Cheques

Wrap ISA/ PP Must be made payable to Standard Life Savings LTD with the client’s WP number written on the back of cheque.
Wrap SIPP  Must be made payable to Standard Life Assurance with the client’s D number written on the back of cheque.

 

Address

Postal address 


Aberdeen Client Servicing
Sunderland
SR43 4EE

NOTE: We can no longer accept mail delivered in person. 

Related help

Techzone

Tax year end insights

Read our technical tips for TYE planning and beyond.

Read insight articlesOpens in new window

Aberdeen bank details

Find our bank account details for all platforms and products

Bank details
Document centre

All Wrap help

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