Standard Life looks to past for planning arm

Standard Life is hoping to build on almost two centuries of heritage by naming its new financial planning unit after the year it was formed.

Standard Life: Heritage nod. Picture: Neil Hanna

The launch of 1825 follows a deal in February to buy Pearson Jones, the wealth management arm of Skipton Building Society, aimed at creating a UK-wide financial advice business for the Edinburgh-based life and pensions giant.

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1825 chief executive Steve Murray, previously responsible for the group’s mergers and acquisitions activity, said: “It’s never been more complex for people to save, retire and plan for the future, so quality financial advice has become a must-have for many. By cutting through the complexity, we’re aiming to help our clients better understand their financial situation.”

Standard Life: Heritage nod. Picture: Neil Hanna