Standard Life Financial of Canada has reported a first quarter net inflow from clients of $101 million. This is a 274 percent increase compared to $27 million for the same period in 2008.

Standard Life says that the strong results are underlined by stable sales revenue and good client retention.

The company also maintained its sound financial position with the solvency ratio of The Standard Life Assurance Company of Canada improving to 203 percent from 198 percent at the end of 2008, without any need to access additional capital. Standard Life said that group savings and retirement premiums and deposits increase by 4 percent in the first quarter, to $639 million. Group insurance premiums were also up 4 percent to $154 million. Retail premiums and deposits decreased by 18 percent to $329 million.