Standard Life applauds Canadian government for its leadership in financial literacy

TORONTO, April 15, 2014 /CNW Telbec/ - Today, Standard Life Canada applauded Minister of State (Finance) Kevin Sorenson and the Federal government on the appointment of Jane Rooney as Canada's first-ever Financial Literacy Leader.

"Minister Sorenson and the Federal government have demonstrated the bold leadership that is required to increase financial literacy to help Canadians look forward to their financial future with confidence and optimism," said Charles Guay, president and CEO of Standard Life Canada.

Standard Life strongly believes that financial literacy is a critical issue that must be tackled on many fronts. The company and its employees invest time and money in a variety of financial literacy programs across the country such as Junior Achievement of Canada, Académie du Trésor and Carrefour Jeunesse Emploi Côte-des-Neiges.

About Standard Life
Standard Life provides long-term savings, investment and insurance solutions to more than 1.4 million Canadians, including group retirement and insurance plan members. It has 2,000 employees, and the main operating subsidiaries in Canada are The Standard Life Assurance Company of Canada and Standard Life Mutual Funds Ltd.

The Canadian operation of Standard Life plc, its parent company, is the largest outside the United Kingdom. Headquartered in Scotland, Standard Life plc has around six million customers worldwide and operates in the UK, Canada, Europe, Asia and the Middle East.

Standard Life plc had $429.7 billion in assets under administration, including $48 billion in Canada, as at December 31, 2013.

SOURCE Standard Life

For further information: Standard Life, Anne-Julie Gratton, 514-499-7999 or 1-877-499-9555 ext. 8150, anne-julie.gratton@standardlife.ca