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Focus sees inaugural Q1 profit and hopes for first dividend this year

Financial software solutions provider Focus Solutions hopes to introduce dividend payments in the current financial year as it sees an encouraging start to the year, with an inaugural first quarter profit.

At the group’s AGM today, it says new contracts signed this year, including an extended HSBC contract and enterprise licence agreement for Openwork help underpin its financial expectations, leading it to be confident of winning further new business in coming months.

The AGM statement says: “Focus is developing into a successful, consistently growing, profitable and cash generative business. Our confidence in the future is reflected in our plan to introduce a dividend payment in respect of the current financial year.

“The Group’s intention is to be recognised as the leading provider of front
office solutions to the UK financial services market and the Board has a clear
strategy for both organic and non-organic growth to achieve this.”


Bring back the MCA to silence the critics

Having been actively arranging business in this wonderful profession of ours continuously since 1969 and having been one of the founding fathers of the Life Insurance Association, I could weep when I see the vested interests shovelling propaganda out almost on a daily basis about the sins of commission, What sins? If I spend many […]

Jersey set for regulatory revamp

The Jersey Financial Services Commission is consulting on overhauling its regulatory framework around investment, deposit-taking, insurance and trust company business to come in line with international standards.

Tories warns HIPs are ploy for more tax

The Conservatives has continued its onslaught against Home Information Packs , set to be launched tomorrow, warning that the scheme is being used as a ploy by the Government to use the Hips database to increase council tax bills.The Tories claim that an investigation by the party shows that the information collected by the new […]

ScotProv in rethink of CI timeline

Scottish Provident has updated its critical-illness definitions timeline to include the Association of Brit-ish Insurers’ critical illness standard definitions, released this year.The timeline outlines the insurer’s current definition for each illness and details all the past definitions that it has used since the product was launched.ScotProv says that it is the only insurer offering such […]

William Littlewood “betting that QE won’t work”

Journalist Alexis Xydias interviews Artemis manager William Littlewood about his views on bond, equity and currency markets and the impact of a Greek exit from the EU. With bond yields at “ludicrous” levels, William believes a tipping point for bond markets is sure to come. As a result, his Strategic Assets Fund holds government bond shorts to the tune of 100 per […]


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