Threesixty maintains profits at midpoint of five year plan

Carmen Reichman
clock

Support services provider Threesixty has reported a marginal increase in profits for 2013 as the company continues to invest in technology.

The business recorded pre-tax pofits of £195,000 last year on revenues of £5.5m, braodly in line with the £191,000 derived from an income of £5.1m the previous year. It reported a loss of £85,000 in 2011. Standard Life-owned Threesixty comprises two limited liability partnerships: threesixty services and threesixty support. The company is investing in new tools and infrastructure as part of a five year modernisation plan, managing director Phil Young (pictured) said. It has created an in-house investor profiler and automated some of its internal systems, such as contract submission...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Professional Adviser TV: Breaking down barriers for career movers and young talent

Professional Adviser TV: Breaking down barriers for career movers and young talent

‘Where do they go if there’s no opportunity for them’

Professional Adviser
clock 12 September 2025 • 1 min read
Feel Good Friday: IFA duo take on 240km charity cycle challenge

Feel Good Friday: IFA duo take on 240km charity cycle challenge

Andrew Home and Chris Miles raise funds for Eternal Flame

Professional Adviser
clock 12 September 2025 • 1 min read
My Care Hub expands to public following strong adviser support

My Care Hub expands to public following strong adviser support

Advice sector has played ‘pivotal role’ in successful rollout of care guidance platform

Jenna Brown
clock 10 September 2025 • 4 min read