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PR Newswire
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The Standard Opens New Retirement Plans Office in Phoenix


PORTLAND, Ore., Feb. 13 /PRNewswire/ -- The Standard is pleased to announce the opening of a new Retirement Plans office in Phoenix, Arizona.

The news sales office will serve retirement plan sponsors and brokers throughout Arizona and New Mexico. Chris Wolfe will serve as pension consultant in the Phoenix office.

Wolfe has been in the retirement plans industry for more than 9 years. He joins The Standard's Phoenix office after spending the last five years in the home office in Portland, Oregon. While there, he served as an internal sales specialist working closely with The Standard's sales force, plan sponsor clients, and distribution channel partners.

Prior to joining The Standard, Wolfe spent five years working for Nationwide Insurance marketing individual retirement products to financial institutions in the Pacific Northwest.

"Chris' experience at The Standard and within the industry will be a tremendous asset to brokers, financial advisors, and clients throughout Arizona and New Mexico," said Kent Buckles, vice president of Sales, Marketing and Advisory Services. "We look forward to Chris expanding our sales efforts in this fast growing part of the country."

Wolfe is an Accredited Pension Administrator through NIPA, and is presently pursuing his Qualified Plan Financial Consultant designation through ASPPA. He earned his bachelors in business administration from Wittenberg University in Springfield, Ohio. He will report to Barry Newman, The Standard's regional pension manager for the Los Angeles sales region.

The Standard has provided retirement plan services for more than 70 years. Products are available on a full service or recordkeeping-only basis. The Standard promotes a participant-centric approach with services such as AdvicePath, its highly successful managed account option for plan participants. For more information on The Standard's retirement services, visit retirement.standard.com.

About The Standard

StanCorp Financial Group, Inc. ("StanCorp") through its subsidiaries marketed as The Standard -- Standard Insurance Company, The Standard Life Insurance Company of New York, StanCorp Investment Advisers, Standard Retirement Services, StanCorp Equities, StanCorp Trust Company and StanCorp Mortgage Investors -- is a leading provider of financial products and services. The Standard serves approximately 8.1 million customers nationwide as of December 31, 2006 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

Information in this news release includes certain statements related to projected growth and future events. These statements are "forward-looking" statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Because such statements are subject to risks and uncertainties, actual results in future periods may differ materially from those expressed or implied by such forward-looking statements. Past performance is no guarantee of future results. See StanCorp's 2003 annual report on Form 10-K and most recent Form 10-Q filed with the Securities and Exchange Commission for a description of the types of uncertainties and risks that may affect actual results.
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