In an email to ifa on Thursday, Advice Intelligence confirmed it has entered voluntary administration following the decision from its investor, Regal Funds Management, opting to withdraw future funding.
This decision, the firm confirmed, is founded upon a landscape of high-interest rates, economic uncertainty, and the overall tightness of capital markets.
CEO Jacqui Henderson explained that the decision comes as the company continues to seek financial assistance from a number of parties”.
However, we have not yet secured the support required, she said.
Weve survived a number of crises, from the COVID pandemic to a skilled labour shortage, however, over the past 7 years, weve continued to strive forward with innovation, and with our mis…
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