Standard Life names restricted advice business 1825

Standard Life said the name "evokes the long-term savings and investment company's strong and proud heritage". The life company declared its intention to build a major national financial advice business by agreeing to acquire wealth management firm Pearson Jones from Skipton Building Society in February. Standard Life, which as recently as 2010 owned stakes in two financial advisory brands but sold them to put "clear blue water" between itself as a provider and advisers, said the launch was in response to customer demand brought on by the pension flexibilities announced at Budget 2014...