Tavistock profits leap after investment arm sale

Financial Planning and investment group Tavistock has reported a surge in first half profits thanks to the sale of its investment arm, Tavistock Wealth Limited, to Titan Wealth in August for an initial sum of £20m.

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Profit and revenues fall at Carey Pensions parent

STM Group, the international financial services provider which owns SIPP firm Carey Pensions, has reported a drop in revenue and profit for the first six months of the year.

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True Potential sees profits soar 59% in 2020

Wealth manager and platform True Potential has reported group turnover up 28% to £184.9m and group profit up 59% to £74m in its 2020 results.

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Budget 2021: Corporation Tax up to 25%

Chancellor Rishi Sunak announced plans in his Budget today to raise Corporation Tax from 19% to 25% from 2023.

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