St James’s Place has acquired the Reigate protection advice firm Future Proof.
Future Proof, now part of SJP Group, provides specialist advice on income protection insurance, critical illness and live insurance in both personal and business markets and has arranged over £800 million worth of cover for clients since 2011 when it was established.
SJP joint chief operating officer Iain Rayner says: “In a short space of time, Future Proof has established itself as one of the leading protection advisory services in the UK.
“They have achieved this by focusing on the value of relationships and with an ethos that is very similar to our own – to provide the highest level of advice to clients so that their needs, and those of their families, are met long into the future.’
Future Proof chief executive David Mead adds: “To be able to now support SJP partners and clients with important and often complex conversations about protection marks the beginning of an exciting new chapter and is another step towards closing the protection gap that exists in the UK.”