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St James's Place buys UK life insurance broker Future Proof

U.K. wealth manager St. James's Place PLC has acquired life insurance broker Future Proof Ltd. for an undisclosed sum.

Future Proof provides advice on income protection, critical illness and life insurance to individuals and businesses. According to St. James's Place, Future Proof has arranged more than £800 million worth of cover with a range of insurance companies since it was established in 2011.