Standard Life's 1825 and Almary Green deal abandoned

Planned acquisition had been announced in March

Tom Ellis
clock • 1 min read

The acquisition of adviser firm Almary Green by Standard Life's financial planning arm 1825 has fallen through.

In a statement earlier today, Standard Life said the discussions had been mutually ended as it had "not proved possible for both parties to reach agreement to complete the proposed acquisition". It had been announced in March that 1825 would be acquiring Almary Green for an undisclosed fee.  Almary Green Investments managing director Carl Lamb (pictured) said: "In the interests of certainty for our clients and staff we have agreed with 1825 to end discussions at this time. We remain focused on delivering a high-quality service to our clients." 1825's CEO Steve Murray said: "We wish...

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 Companies

M&A-hungry My Pension Expert enters £25m refinancing deal

M&A-hungry My Pension Expert enters £25m refinancing deal

Follows Tenet&You buy last year

Jen Frost
clock 29 April 2025 • 2 min read
FSCS investigates advice firm after director's £2.3m fraud charge

FSCS investigates advice firm after director's £2.3m fraud charge

Lifeboat fund working with FCA on potential Campbell & Associates claims

Isabel Baxter
clock 28 April 2025 • 2 min read
FSCS declares firm failed over pensions advice

FSCS declares firm failed over pensions advice

Not British Steel related

Isabel Baxter
clock 25 April 2025 • 1 min read