Investment provider TEAM is to acquire Jersey wealth manager Concentric in a deal worth up to £2.5m.

Paul Groden Chartered FCSI, the new Jersey branch President for the Chartered Institute for Securities & Investment (CISI), is to focus on financial education and inclusion during his term in office. 

Abrdn’s Aberdeen Asian Income Fund Limited is planning to move its tax domicile from Jersey to the UK and adopt UK investment trust status, the company has reported.

STM Group, owner of the Options pensions business (formerly known as Carey), has sold its Jersey Corporate & Trustee Services (CTS) businesses for £1.4m.