We are pleased to announce that on the 10th November 2017 STM Malta Limited signed a Sale and Purchase Agreement (“the Acquisition”) with the shareholders of Harbour Pensions Limited (“Harbour”) to acquire the entire issued share capital of the company and its related pension trust schemes. The Acquisition is subject to regulatory approval by the […]
The zero establishment fee will remain in place as a permanent feature for all new QROPS applications, and is applicable across all of our QROPS products.
Following the introduction of a 25% tax charge on transfers into QROPS based outside of the EEA, in its annual results for 2016, published this morning, STM Group said the ‘worst case scenario’ would see it receive £1.1 million less than expected in revenue this year.
The Board is pleased to announce that the Group has traded in line with market expectations of profit before tax of £2.7 million for 2016 (2015 actual: £2.7 million)