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Displaying items by tag: STM

Monday, 24 February 2020 12:33

Carey Pensions is reborn as Options

Carey Pensions, the SIPP firm bought out last year after being hit by a major court case, has been relaunched under a new name, Options.

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STM Group raked in £2.7m in profits from its acquisition of Carey Pensions earlier this year in what it classed as a bargain purchase.
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STM Group has revealed it will target UK-based SIPP operators and workplace maters trusts as its latest results showed profits remained stable at £4m.
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Wednesday, 13 February 2019 10:08

STM completes takeover of troubled SIPP firm Carey

Financial services firm STM has completed its £400,000 takeover of troubled SIPP provider Carey Pensions following the granting of FCA approval for the deal.
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International SIPP provider STM Group has predicted it will boost profits this year despite a number of setbacks.
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Police have ended their investigation into STM chief executive Alan Kentish, who was arrested in Gibraltar in October 2017, with no further action.
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Cross-border financial firm STM, the owner of  London & Colonial, is to acquire the majority of rival SIPP firm Carey Pensions for £400,000 as Carey prepares to tackle a major SIPPs court case.
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Wednesday, 12 September 2018 12:35

STM Group relocates to become more ‘UK centric’

International Sipp provider STM Group hopes relocating will allow it to be more “UK centric”, the firm’s interim results have revealed.
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STM Group, the cross-border financial services group which offers an International SIPP, is planning to expand its senior staff as the firm seeks to grow through acquisition.
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A skilled persons review has called for a raft of compliance and governance improvements at international SIPP and cross border financial services group STM which saw its chief executive arrested in Gibraltar last year.
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