Standard Life acquires whole of threesixty

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Standard Life plc Standard Life has purchased the remaining 75% stake in the intermediary support services business, threesixty LLP.

It has held a 25% stake in the intermediary support services firm since May 2007. The firm was formed in March 2003.

Threesixty has 575 IFA clients firms who are responsible for 5,160 regulated financial advisers.

Standard Life’s chief executive David Nish said: “We firmly believe that a thriving independent sector that gives consumers valuable access to professional financial planning is key to meeting the long-term savings and investment needs of consumers in the UK.

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