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Displaying items by tag: Alan Kentish

Friday, 08 September 2023 13:13

STM Group offer extended as CEO tries to buy chunk

The £39m bid for SIPP provider STM Group has been extended for a fourth time as chief executive Alan Kentish strives to buy a chunk of the company.

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Tuesday, 11 July 2023 11:41

STM backs £41m takeover bid for firm

SIPP and pensions provider STM Group has agreed in principle to a £41m takeover bid from Guernsey-based investment vehicle PSF Capital GP II Limited, better known as Pension SuperFund Capital.

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Wednesday, 24 March 2021 11:32

London & Colonial owner sells Gib firms for £3m

SIPP provider STM, the owner of the London & Colonial and Options SIPP businesses, has sold some of its Gibraltar-based businesses for just over £3m.

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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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Wednesday, 02 October 2019 10:06

TPR approves Carey Workplace Pension Master Trust

The Pensions Regulator (TPR) has approved the Carey Workplace Pension Trust as an approved Master Trust for the continuing acceptance of auto-enrolment contributions from the UK market.
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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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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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