Standard Life has acquired the remaining 75% stake in IFA support services firm threesixty.
It acquired a 25% stake in the company in May 2007, and has now acquired the remaining equity for an undisclosed sum. Standard Life says the deal will strengthen its understanding of advisers' needs, allowing it to support them through the RDR transition period. It stressed there will be no change in threesixty's impartiality, with all existing operation partners remaining with the business. David Nish, chief executive of Standard Life, says: "threesixty has the skills and capabilities to support IFAs, and with Standard Life's backing, will continue to play a leading role in suppor...
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