Stan Life secures 20% stake in Bentley Jennison FM

BJFM, which is part of professional services firm RSM Bentley Jennison and offers advice on pensions, protection and wealth management, represents Standard's fifth acquisition in the sector to date. Standard Life says the deal and others before it will ensure it is well placed to benefit from the expected "significant developments" in UK financial advice distribution. It adds BJFM's success in growing the business both organically and via acquisitions made it an attractive proposition. "This investment represents another important step in the ongoing development of our business and we...