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Standard Expands Individual Financial Advice Arm

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A unit of StanCorp Financial Group Inc. hopes to find a bigger market for its investment expertise.

StanCorp Investment Advisers, an arm of StanCorp, Portland, Ore., will be widening the scope of efforts to sell investment advice to individual consumers, StanCorp says.

StanCorp, the parent of Standard Insurance Company, says the company’s retirement plans business has been serving customers since 1932.

The business has been offering stand-alone financial advice to employers since 2000.