Standard Life
Standard Life
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Full Name and Common Aliases
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Standard Life is a Scottish life insurance company that was founded in 1825 by a group of Edinburgh lawyers. The company has undergone several name changes throughout its history, but it is commonly known as Standard Life.
Birth and Death Dates
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There is no specific birth or death date associated with Standard Life, as it is an institution rather than an individual person.
Nationality and Profession(s)
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Scottish, Financial Services Company
Standard Life was founded in Scotland and has its roots in the country's financial services industry. The company has provided life insurance and investment products to individuals and businesses for over 190 years.
Early Life and Background
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The history of Standard Life dates back to 1825, when a group of Edinburgh lawyers formed a mutual assurance society to provide protection against death and disability. The company was initially known as the Scottish Amicable Life Assurance Society, but it later changed its name to Standard Life in 1925.
Major Accomplishments
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Provided life insurance and investment products to individuals and businesses for over 190 years
Introduced a range of innovative products and services, including unit trusts and personal pensions
Established itself as one of the leading financial services companies in ScotlandNotable Works or Actions
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Standard Life has been at the forefront of innovation in the financial services industry. The company introduced unit trusts in 1930, which allowed individuals to invest in a diversified portfolio of shares for the first time. In the 1960s, Standard Life launched its personal pensions product, which revolutionized the way people saved for retirement.
Impact and Legacy
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Standard Life has had a significant impact on the financial services industry in Scotland and beyond. The company's innovative products and services have helped millions of people save for their futures and achieve their long-term goals. Standard Life has also played an important role in shaping the regulatory environment in which it operates, working closely with government and regulatory bodies to ensure that the needs of its customers are met.
Why They Are Widely Quoted or Remembered
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Standard Life is widely quoted or remembered for its commitment to innovation and customer service. The company's history of introducing groundbreaking products and services has helped shape the financial services industry into what it is today. Standard Life continues to be a leading player in the market, with a reputation for excellence that spans over 190 years.
Quote: "We're committed to helping our customers achieve their long-term goals, whether that's saving for retirement or investing in their children's future."
This quote captures the essence of Standard Life's mission and values. The company is dedicated to providing innovative products and services that meet the needs of its customers, and it continues to be a leader in the financial services industry.
Innovative Products: Unit trusts (1930), personal pensions (1960s)
Awards and Recognition:
Winner of several awards for customer service and innovation
* Recognized as one of the leading financial services companies in Scotland
Quotes by Standard Life
The main reason for that is corporate earnings growth. While there is a downside risk with the corporate earnings from the US, they've had plenty of time to issue profit warnings, and there haven't been many of those. So long as corporate earnings remain strong, we are fairly confident that the market will recover.
The financial markets appear to be betting that demand has slowed and supply is coming back on,
Before proceeding, the company must assure itself that there are unlikely to be major concerns on the part of our regulator or the independent expert who must report to the courts. To that end, we are engaged in regular, full and open discussions about all aspects of the demutualisation programme ... If we had something substantively different to communicate from existing expectations, we would have done so.
It should be of no surprise to anyone that Standard Life has a strict focus to keep its regulator fully informed,
Our plans for demutualisation are at an advanced stage. Before proceeding, the company must assure itself that there are unlikely to be major concerns on the part of our regulator or the independent expert who must report to the courts. To that end, we are engaged in regular, full and open discussions about all aspects of the demutualisation programme.
Our plans for demutualization are at an advanced stage. Before proceeding, the company must assure itself that there are unlikely to be major concerns on the part of the regulator or the independent experts who must report to the courts. To that end, we are engaged in regular, full and open discussions on aspects of the demutualization program.
I don't think people should underestimate the potential for LNG in China in the longer term,
Mitsubishi UFJ's first priority is to digest the merger, ... Speed of execution is the crucial factor.
There are different mortality rates for males and females, so females get a higher sum assured.
There are some signs that high oil prices are making consumers adjust the way they spend money and that will affect demand at the margin. But, underlying demand in the U.S. economy is pretty robust.