Former interactive investor ceo buys back iii

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Tomas Carruthers, former ceo of interactive investor, has managed to buy back the Ample online news and financial advice site which was sold to AMP three years ago.

Acquired under the company name of Carruthers Associates Limited, chairman and ceo Carruthers has plans to develop the consumer-based iii site – with 1.4m users – previously known as "iii" to include business-to-business and ‘intermediated’ offerings as well as service improvements and new products. Alan Easter, sales and marketing director at Carruthers says the firm has no plans to become an IFA, but instead has ideas to develop its existing framework and content with the same pricing and products as its current users enjoy. Moreover, the fund platform operation has its sights set on e...

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