Deposit rates on 12 November 2018

It is your responsibility to ensure that the deposit your client selects meets their needs.

Standard Life does not endorse or recommend any deposit or deposit provider and is not responsible for a deposit’s performance or the solvency of a deposit provider.

In the event of a deposit provider being unable to meet any claims against it, money from your client’s policy held with that provider will not be covered by schemes such as the Financial Services Compensation Scheme or the Deposit Guarantee Scheme.

Synergy product charges apply, including a management charge of 1% per annum. Your client's return will also be affected by the fund based renewal commission you have agreed with them.

When your client invests in this Self-Directed Option, a policy cash account will be set up within your client's policy to facilitate their Self-Directed Options and from which payments are credited and deducted. The policy cash account is provided by a third party deposit provider. For further information, see the Key Features documents and Self-Directed Options guide (SYSDO1). The interest rate payable on the policy cash account is 0.00% AER.

Read more Important information for deposits here



Bank Term Interest Rate

Ulster Bank Ireland

12 month fixed (minimum €5,000) 

0.00% Over term

0.00% AER


For earlier variable rates, please call us on (01) 639 7900

There may be other deposit terms and providers not shown on our website which are available as an investment option. Contact your Standard Life Business Manager, call us on (01) 639 7900 or email for more information.

For Fixed Term deposits interest is applied annually

  • The rates may change or be withdrawn at short notice. The rate your client gets is the rate available on the day their money is received by their chosen provider. This may take up to five working days.
  • At the end of your client's fixed term deposit, the value of the deposit will be lodged to their policy cash account. They should then consider their investment options and seek appropriate financial advice.
  • AER is the annual equivalent rate and shows what the interest rate would be if compounded and paid each year

Important information on deposits