Ex-Continental Wealth clients still waiting for compensation
STM and Momentum Pensions were ordered to pay redress by Maltese arbiter in December
STM Group
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STM Malta managing director exits business
Months after the firm was ordered to compensate some Continental Wealth Management clients
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STM unveils Australian superannuation service for UK expats
It will be available to people over the age of 55
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Second ex-Continental Wealth client ruling goes against STM
It’s not known how many more decisions are pending
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Momentum and STM lose Malta appeals
Compensation pay-outs for former Continental Wealth clients upheld
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‘Frustrating’ second half weighs on STM Group results
But not its acquisition ambitions, as the company looks to add scale to its UK operation
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People Moves: CII, STM Group, Brown Shipley
Professional body confirms CEO’s departure date, while financial services group names CFO successor
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Post-Brexit Gibraltar still seeking clarity
Unclear if European regulators will have issues with EU residents transferring to a Gibraltar Qrops
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STM Group cuts down number of executive directors
Chief operating officer role will be made redundant
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STM expects £3.6m hit from Carey compensation
But firm says acquisition pipeline is ‘active’ and will be ‘pillar for future growth’
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STM sells Jersey trust businesses for £1.86m
To ‘focus on core activities of pension administration and provision of life assurance wrappers’
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Carey to challenge pension introducer verdict
‘There are some very significant factors that will impact the UK financial services market as a whole’