StanCorp Financial Group, Inc. (ticker: SFG, exchange: New York Stock Exchange (.N))
News Release -
6-Sep-2007
The Standard Ranked Number One Retirement Plan Provider in Boston Research Group's 'DCP 2007' Survey PORTLAND, Ore., Sept. 6 /PRNewswire/ -- The Standard has been ranked the
number one retirement plan provider in terms of overall client satisfaction in
Boston Research Group's 2007 survey of plan sponsors with $5 million or less
in plan assets. Eighty-six percent of The Standard's clients indicated they
were "very satisfied" with their overall relationship.
In the independent survey, Defined Contribution Provider 2007, 1,475 plan
sponsor respondents anonymously rated their satisfaction with their provider
services across several individual categories, such as participant statements,
sponsor and participant websites, performance of investments, value added for
cost, and customer service. In addition, the survey measured satisfaction with
a provider's ability to partner effectively, provide innovative solutions,
understand the customer's needs, and how easy the provider is to do business
with.
This is the second time in the past four years that The Standard has
achieved the overall number one satisfaction ranking in the survey. The
Standard has annually been ranked as a top-five provider for overall
satisfaction since it began participating in the survey in 2004.
"We continue to commit ourselves to the highest service standards in the
retirement plans industry," said Kent Buckles, vice president of sales,
marketing and advisory services. "Our consistent high ranking each year in the
Boston Research Survey is a testament to that."
The Standard was rated first among 25 other major retirement plan
providers participating in the survey. Survey respondents were identified
using Form 5500 filings to provide statistically reliable samples.
The Standard has provided retirement plan services for more than 70 years.
Full and record keeping-only services are available on a trust platform in all
states and a group annuity platform in all states except New York. The
Standard promotes a participant-centric approach with services such as
Mainspring Managed, its managed account option for plan participants. For more
information on The Standard's retirement services, visit
http://retirement.standard.com.
About The Standard
StanCorp Financial Group, Inc. ("StanCorp") (NYSE: SFG) through its
subsidiaries marketed as The Standard -- Standard Insurance Company, The
Standard Life Insurance Company of New York, Standard Retirement Services,
StanCorp Mortgage Investors, StanCorp Investment Advisers, StanCorp Real
Estate, StanCorp Equities, and StanCorp Trust Company -- is a leading provider
of financial products and services. The Standard serves approximately 8.2
million customers nationwide as of June 30, 2007, with group and individual
disability insurance, group life and dental insurance, retirement products and
services and investment advice. For more information about The Standard, visit
http://www.standard.com.
Disclosure
StanCorp Equities, Inc., member FINRA/SIPC, distributes group variable
annuity and group annuity contracts issued by Standard Insurance Company and
may provide other brokerage services. Third party administrative services are
provided by Standard Retirement Services, Inc. Investment advisory services
are provided by StanCorp Investment Advisers, Inc., a registered investment
advisor. StanCorp Equities, Inc., Standard Insurance Company, Standard
Retirement Services, Inc., and StanCorp Investment Advisers, Inc are
subsidiaries of StanCorp Financial Group, Inc. and all are Oregon
corporations.
SOURCE Standard Insurance Company
CONTACT:
Product Information
Kent Buckles
Vice President, Sales, Marketing and Advisory Services
971.321.6002
kbuckles@standard.com
Corporate Information
Jodi Jordan
Director of Public Affairs
971.321.7405
jjordan@standard.com
Investor Relations and Financial Media
Jeff Hallin
Second Vice President, Investor Relations and Financial Planning
971.321.6127
jhallin@standard.com
Web site: http://www.standard.com
|