At Standard Life we have a rich history of helping people save their money and invest for their future.
Our timeline highlights key moments in our story...
- The Life Insurance Company of Scotland was founded in Edinburgh in 1825. We changed our name to The Standard Life Assurance Company in 1832, and reincorporated as a mutual assurance company in 1925.
- We've always been an international business, and by the end of the 19th century agencies were selling our policies in Ireland, Germany, Canada, Egypt, India, Shanghai and the West Indies.
- Throughout the 20th century we grew through innovation and diversification. We expanded from selling annuities and basic types of insurance into group pension schemes, savings and investments.
- By the 1950s, we were the largest life assurance company in Scotland. And by the 1990s, we were Europe's biggest mutual company.
- In 1998, we launched a dedicated asset management business, Standard Life Investments.
- In 2006, we became Standard Life plc, after a strategic review of our business and a 98% 'yes' vote from our members. We now have around 1.2 million shareholders around the world.
- On 14 August 2017, Standard Life plc merged with Aberdeen Asset Management to become Standard Life Aberdeen. Go to the Standard Life Aberdeen website to discover more about what this means.
- And, as of 1 September 2018, Standard Life Assurance Limited (SLAL), formerly part of the Standard Life Aberdeen business offering pensions, savings products and retirement solutions, became part of the Phoenix Group. SLAL continues to use the Standard Life brand under licence from the Standard Life Aberdeen group.