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UK Sipp business drives strong STM results in ‘eventful’ year

By Kirsten Hastings, 27 Mar 18

The acquisition of UK Sipp provider London & Colonial has “borne fruit during 2017” and played a key part in STM adapting its expat product offering following the unexpected 25% Qrops charge that hit around 80% of the firm’s new business.

Division breakdown

Broken down by operating segment:

By geography, STM reported:

Pages: Page 1, Page 2

Tags: Alan Kentish | Gibraltar | London & Colonial | Sipps | STM Group

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.