Revenues fall at SimplyBiz but profits hold up

Revenues at adviser support company SimplyBiz fell by 3% in 2020 although profits remained steady.


SimplyBiz adviser academy criticised by Ofsted

New Model Business Academy, the adviser academy run by SimplyBiz, has been criticised by education inspector Ofsted for a second year after it was found to be “making insufficient progress” from its previous inspection.


SimplyBiz profits rise 56%

Profits have risen 56% at adviser support company SimplyBiz, as an improvement in underlying earnings from the first six full months of trading following the Defaqto acquisition helped offset a significant reduction in valuation income.


SimplyBiz founder Davy to move to deputy role

Ken Davy, founder and chairman of adviser support company SimplyBiz, is to step down to become deputy chairman next year in a senior executive reshuffle.

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