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Pin to quick picksStm Grp. Share News (STM)

Share Price Information for Stm Grp. (STM)

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Share Price: 57.50
Bid: 55.00
Ask: 60.00
Change: 0.00 (0.00%)
Spread: 5.00 (9.091%)
Open: 57.50
High: 57.50
Low: 57.50
Prev. Close: 57.50
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STM Group launches new pension products for Australia and Europe

Mon, 17th Oct 2016 14:15

(ShareCast News) - Cross-border financial services provider STM Group announced the launch of its Australian, superannuation qualifying, recognised overseas pension scheme based out of Gibraltar on Monday.The AIM-traded company had previously identified Australia as a target market and, it "is pleased" to have executed on the first phase of its pension solution growth strategy in Australia."It is approaching two years since HMRC removed all Australian schemes from the QROPS list and, during the intervening period, the STM product development team have worked closely with Australian legal and tax specialists to develop a robust yet flexible retail solution," STM's board said in a statement.The STM Gibraltar (AUS) Superannuation Scheme is included on the HMRC QROPS list, and has also been recognised by the Australian Tax Office as a foreign superannuation scheme.STM said the scheme is available to clients worldwide and offers the advantages of a standard QROPS with the additional benefit of certainty of tax treatment for people resident, or likely to become so, in Australia.Additionally, the company announced the launch of its STM Malta Pension Contract Plan, which it said has been created to target predominantly civil law countries in Europe where trusts are not such a familiar concept.Both the foreign superannuation scheme and the contract-based plan complement STM's existing international pension product range, the board added."Our ambition to be recognised as the leading provider of international retirement solutions is greatly strengthened in the market by the group's product and business development activities," said CEO Alan Kentish."We are constantly reviewing both product and regional options to identify gaps in the market to proactively meet client demand.""With 1.3 million British expats already in Australia, we expect demand from Australian resident expats to be high. It is also important to bear in mind that the product is available worldwide and with as many as 50,000 UK nationals emigrating every year, and not forgetting the returning Australians, there is likely to be significant interest from those who are not yet Australian resident."
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11 Sep 2018 15:00

STM Group posts decent first-half performance

(Sharecast News) - Financial services company STM Group released its unaudited interim results for the six months ended 30 June on Tuesday, reporting a 6% improvement in revenue year-on-year to £10.8m.

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11 Sep 2018 13:15

STM Group Half Year Profit Falls After One-Off 2017 Acquisition Boost

LONDON (Alliance News) - STM Group PLC on Tuesday said its profit dropped in the first half of the year due to the release of an insurance reserve from a prior year acquisition.The services

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3 Sep 2018 12:12

STM Appoints Former Legal & General Unit Director As Non-Exec Chairman

LONDON (Alliance News) - STM Group PLC on Monday said it appointed Duncan Crocker as non-executive chairman, with immediate effect.The financial services provider said Crocker has spent his

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10 Aug 2018 08:33

STM Group Appoints Graham Kettleborough As Non-Executive Director

LONDON (Alliance News) - Cross-border financial services provider STM Group PLC said Friday that it has appointed Graham Kettleborough as an independent non-executive director with immediate was a

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25 Jul 2018 12:50

STM Group First Half Performance In Line With Management Expectations

LONDON (Alliance News) - Cross border financial services provider STM Group PLC said on Wednesday that its performance in the first half of 2018 has been in line with management strong performance

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25 Jul 2018 09:39

STM remains confident of metting full-year goals

(Sharecast News) - Financial services provider STM said the first half of its trading year had progressed in line with management's expectations, underpinned by its underlying recurring revenue stream and a steady flow of new business.

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4 May 2018 12:33

DIRECTOR DEALINGS: STM Group Executive Sells Entire Stake

LONDON (Alliance News) - Financial services provider STM Group PLC said Friday that Lynette Chaudhary, international tax director of unit STM Fiscalis Ltd, sold all her shares in the sold 40,000

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3 Apr 2018 09:39

UPDATE 1-Tech, trade fears weigh on European shares

* STOXX 600 down 1 pct * Tech sector falls 1.6 pct * Chipmakers STMicro, Infineon, ams tumble * Sodexo drops on downgrade * Mediaset jumps after Sky deal (Updates adds

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3 Apr 2018 08:36

Tech, trade fears weigh on European shares

(For a live blog on European stocks, type LIVE/ in an Eikon news window) LONDON, April 3 (Reuters) - European stocks tumbled on Tuesday as investors entered the second

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27 Mar 2018 11:00

New Self-Invested Personal Pension Product Boosts STM Group Revenue

LONDON (Alliance News) - Financial services firm STM Group PLC on Tuesday reported 42% growth in annual profit, as a new self-invested personal pension product boosted revenue

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22 Mar 2018 17:40

UPDATE 2-European shares suffer as trade jitters, weak data weigh

* STOXX 600 down 1.6 pct to 2-week low * Banks, miners, tech lead sectoral fallers * Reckitt gains after pulling out of Pfizer race (Adds details, closing prices) By Helen and

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22 Mar 2018 09:44

UPDATE 1-Trade jitters send European shares to two-week low

* STOXX 600 down 0.8 pct to 2-week low * Tech biggest faller as U.S. tariffs on China loom * Banks also suffer declines after less hawkish -

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12 Jan 2017 09:37

STM Group trades in line with market expectations

(ShareCast News) - Cross-border financial services provider STM Group announced a pre-close trading update on Thursday, with the board reporting that the group traded in line with market expectations of profit before tax of £2.7m for 2016 - precisely in line with 2015's result. The AIM-traded firm s

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25 Oct 2016 08:03

STM Extends Zero-Establishment-Fee Policy For Popular Pension Product

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21 Oct 2016 07:59

STM Group completes £5.3m London & Colonial acquisition

(ShareCast News) - AIM listed financial services provider STM Group has completed the acquisition of rival London & Colonial Holdings, ahead of the expected timeline, for about £5.3m in order to enter the self-invested personal pension (SIPP) market. The acquisition is to be financed from STM's cash

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