Sheffield’s Pearson Jones snapped up by Standard Life

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Sheffield financial planning company Pearson Jones Plc has been re-named 1825 following its acquisition by FTSE 100 business Standard Life.

Its base on Ecclesall Road becomes part of a network of former Pearson Jones offices which will form the North East hub of Standard Life’s new financial planning operation.

The new 1825 brand refers to when Standard Life, one of the UK’s oldest financial services companies, was founded.

Managing director of 1825 North East, Tim Johnson, formerly Pearson Jones managing director, said: “Unprecedented changes in the market mean that, more than ever, people need quality financial planning and advice from skilled professionals.

“By becoming part of 1825, our expertise is backed by a leading investments savings business with experience and longevity and we are more able to meet this growing need.”

1825 chief executive Steve Murray added: “ Building on our 190-year heritage, we’re introducing 1825 as the brand name of our financial planning business. We’re pleased to have the former Pearson Jones Sheffield office as part of the 1825 network as South Yorkshire is an important location for us.”

1825’s North East hub also has offices in Leeds and Bishop Auckland.

Standard Life was established in Edinburgh in 1825. It employs 6,500 people internationally, in the UK, Europe, North America, Asia and Australia. It has 4.5 million customers and a further 20 million through its Chinese and Indian joint venture businesses. It looks after £312 billion of assets on behalf of customers.