<P> The Standard Life Assurance Company was established in 1825 and the first Standard Life Assurance Company Act was passed by Parliament in 1832 . Standard Life was reincorporated as a mutual assurance company in 1925 . The Standard Life group originally operated only through branches or agencies of the mutual company in the United Kingdom and certain other countries . </P> <P> The Canadian branch was founded in 1833 and the Irish operations in 1838 . This largely remained the structure of the group until 1996, when it opened a branch in Frankfurt, Germany with the aim of exporting its UK life assurance and pensions operating model to capitalise on the opportunities presented by "Third Life Directive" and offer a product range in that market with features which local providers were unable to offer . </P> <P> In the 1990s, the group also sought to diversify its operations into areas which complemented its core life assurance and pensions business, with the intention of positioning itself as a broad range financial services provider . </P> <P> Standard Life had as of December 31, 2013 $48 billion CDN in assets under management while providing financial products and services to over 1.4 million individuals, including group insurance and pension plan members . </P>

Standard life assurance company of canada head office