Options owner sells Jersey trust arm for £1.4m

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

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STM adds £5m to takeover war chest

STM Group, the financial services and SIPP provider, has added £5m to its takeover war chest to fund further acquisitions.

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Profits fall by 17% at STM but revenue grows

Profits have fallen for SIPP and pensions firm STM Group although increasing pensions admin provided a modest increase in underlying revenue for the first half.

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STM acquires Berkeley Burke SSAS business in £2.9m deal

STM Group has acquired Berkeley Burke (Financial Services) and Berkeley Burke Employee Benefit Consultants, which provide administration and consultancy services to SSAS and international businesses, in a deal worth up to £2.9m.

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