stm takes amortisation hit in 12
STM Group, an increasingly important provider of QROP schemes, saw its after-tax loss widen in 2012,after it took a one-off amortisation hit of £4.4m, on revenue that grew by almost a fifth.
Is the risk worth the reward
Income is increasingly important to investors, and at least half are prepared to take more risk in order to achieve greater returns, a survey by Legg Mason has found.
hansard europe to close to new business
Hansard Global is to close its Dublin-based business Hansard Europe to new business after deciding that it is in the “long term interests of the group” to reduce exposure to the region.
fsa query sparks concern over harlequin
A written request by the UK Financial Services Authority last week to providers of self-invested personal pensions, asking them to say whether they have any clients invested in Harlequin Property, has sparked concern in the offshore financial services industry as well as in the UK.
Strong year for ucits as european economy improves
Ireland and Luxembourg accounted for the majority of Ucits net sales in 2012, while inflows across Europe returned to positive territory on the back of strong demand.