Suffolk Life may consider a takeover after appointing corporate finance company Fenchurch Advisory Partners to consult on the SIPP provider's future.
A statement from Suffolk Life says it will “test the appetite from third parties” buying the company through a sale. Henry Catchpole, chief executive of Suffolk Life, says: “Given the interest from strategic partners who can help us accelerate our growth, the board felt it right to explore options which could enhance the interests of clients, employees and shareholders.” To comment on this story contact: Jennifer Bollen Reporter Tel: 020 7034 2679 E-mail: [email protected] IFAonline
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