Acquisition

RNS Number : 6366J

Standard Life plc

05 December 2008

 



Standard Life plc

Standard Life becomes minority shareholder in RSM BJ FM Group Ltd

Standard Life today announces that it has purchased a 20% shareholding in RSM BJ FM Group Ltd ('BJFM'), as part of the continued development of its distribution strategy.  BJFM is the division through which RSM Bentley Jennison, a national professional services firm, delivers pensions, protection and wealth management advice to its clients.

5 December 2008

Enquiries: 

Patricia Corrigan, Group Communications, 0131 245 5916 or 0774 092 4558

Duncan Heath, Investor Relations, 0131 245 4742

Kenneth Gilmour, Group Secretariat, 0131 245 0751

Note:

As at 30 June 2008, the unaudited gross assets of BJFM were £6.0 million.

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