London-listed Standard Life has extended the offering of its recently acquired Elevate platform.

Six fund groups have committed to adding over 150 discounted funds to the ‘superclean’ fund range on Standard Life’s Elevate platform.

Superclean is a commission-free, unbundled fund with discounts previously negotiated with fund managers. 

Standard Life acquired Elevate earlier this month, creating a unified platform provider for over 3,000 advisors with more than £40 billion ($50 billion) of assets under administration.

The funds added are from managers including BNY Mellon, Old Mutual Global Investors, and Standard Life Investments itself.  A total of 350 discounted funds are now available on Elevate, with additional funds are expected to be added in the coming weeks and months.  

“The announcement today is the first tangible benefit of brining the two platforms together. It will see Elevate advisers able to offer significant savings to their clients and is a really meaningful way to demonstrate our commitment to the Elevate platform and its users,” said Steve Owens, head of platform propositions.