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  The Standard Opens New Retirement Plans Office in New York

    PORTLAND, Ore., March 20 /PRNewswire/ -- The Standard is pleased to
announce the opening of a new Retirement Plans sales office in New York
City.
    The new sales office will serve retirement plan sponsors, advisors and
other plan intermediaries throughout the state of New York as well as
northern New Jersey. Gian ("John") Bernardi will serve as pension
consultant in the New York office.
    Prior to joining The Standard, Bernardi worked as a managing director
for Mass Mutual Retirement Services in the New York/New Jersey metropolitan
area, as well as an assistant vice president and regional retirement
wholesaler for Alliance Capital Management, covering the Northeast region.
    "The opening of the New York Retirement Plans sales office is a major
step in launching our focused effort in the New York metropolitan market,"
said Kent Buckles, vice president of Sales, Marketing and Advisory
Services. "Gian's experience within the industry will be a tremendous asset
to brokers, financial advisors, and clients throughout New York and
northern New Jersey."
    Bernardi holds a Bachelor of Arts degree with a concentration in
economics from Purchase College in New York. He is currently working on his
QPFC (Qualified Plan Financial Consultant) designation from the American
Society of Pension Professionals and Actuaries, which he expects to
complete in May of 2007. Bernardi reports to Steve Burnett, regional
pension manager for the Northeast sales region.
    The Standard has provided retirement plan services for more than 70
years. Full and recordkeeping-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 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") (NYSE: SFG) 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. See
StanCorp's latest annual report on Form 10-K with the Securities and
Exchange Commission for a description of the types of uncertainties and
risks that may affect actual results.


  SOURCE StanCorp Financial Group, Inc.




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Related links:
  • http://www.standard.com/
    CONTACT:
    Product Information, Kent Buckles, Vice
    President, Sales, Marketing and Advisory Services, 971-321-6002,
    or kbuckles@standard.com, or Corporate Information, Jodi Jordan,
    Director of Public Affairs, 971-321-7405, or
    jjordan@standard.com, or Investor Relations and Financial Media,
    Jeff Hallin, Second Vice President, Investor Relations and
    Financial Planning, 971-321-6127, or jhallin@standard.com, all of
    StanCorp

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