Interactive Investor / Abrdn Merger

Secret2ndAccount · 2 December 2021 at 4:25PM

I got am Email from Interactive Investor today. I don't think the news is a surprise to anybody, but I thought I would post the info on here for those who are interested but don't hold an ii account. Here goes:

Image: https://us-noi.v-cdn.net/6031891/uploads/editor/gp/nlqns6wytft9.png

Dear [Secret2ndAccount]

I am writing to you to make you aware that, following extensive discussions, and subject to the necessary approvals, interactive investor will become part of the abrdn group.

ii will remain the UK’s leading flat-fee platform, offering subscription pricing and a whole-of-market investment choice, only now with access to abrdn’s additional capabilities across research, advice and wealth management services.

We will also obviously benefit from being part of one of Europe’s largest investment and wealth management firms, with a 200-year history and a vision and values closely aligned to our own. I would like to highlight the following:

ii will continue to operate as interactive investor (ii), as part of the abrdn group.
ii pricing will remain the same. We are committed to our transparent, fixed fee subscription pricing.
ii is a vibrant, growing business and Richard Wilson will continue to lead the company.
Both abrdn and ii remain individual regulated entities. This means customers of both companies will retain full FSCS protection for each.
Our award-winning news and analysis is here to stay. We remain impartial and editorially independent.

This is the beginning of an exciting new chapter for interactive investor and I look forward to being able to serve your investment needs long into the future, bringing the best value, choice, transparency and service that you rightfully expect.

Thank you for investing with interactive investor.

Richard Wilson
Chief Executive Officer
interactive investor

Alexland · 2 December 2021 at 4:27PM

There is already a thread over in Savings & Investments

https://forums.moneysavingexpert.com/discussion/6310498/aberdeen-takeover-of-interactive-investor

dunstonh · 2 December 2021 at 4:48PM

its also not a merger

Secret2ndAccount · 2 December 2021 at 5:06PM

Alexland said:

There is already a thread over in Savings & Investments
https://forums.moneysavingexpert.com/discussion/6310498/aberdeen-takeover-of-interactive-investor

Yeah, I read that thread a little while back. Seemed it had turned into a giant whingeing session long before the deal was finalised. I was hoping we would be a bit more productive on this side