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

News editor's view: Why advisers should pay attention to student loans

News editor's view: Why advisers should pay attention to student loans

The news editor's Friday Night Takeaway from 12 June

Isabel Baxter
clock 12 June 2026 • 4 min read
Feel Good Friday: Finli Group raises money for dementia charities

Feel Good Friday: Finli Group raises money for dementia charities

Has raised £10,000 and hopes to generate an additional £10,000

Professional Adviser
clock 12 June 2026 • 1 min read
Education minister: Student loan repayment threshold freeze did not break the system

Education minister: Student loan repayment threshold freeze did not break the system

‘These are design choices we have inherited’

Sophia Panayi
clock 11 June 2026 • 3 min read