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Sirius sees 154% increase in pre-tax profit

Sirius Financial Solutions has announced a 154 per cent increase in its pre-tax profit compared to the same six month period in 2005, from 226,000 to 573,000.

Operating profit before goodwill amortisation increased 50 per cent from 734,000 to 1.1m.

After charging goodwill, operating profit was 615,000, increasing from 253,000 in the first half of 2005.

The interim results, for the six months to June 30, 2006 showed an 8 per cent increase in total revenues to 11.49m.

Sirius Financial Solutions chairman and group chief executive Stephen Verrall says: “At this stage we remain confident that expectations for the full year will be met. We have a solid and growing base of recurring revenues, strong services
order book and a healthy prospect pipeline. We continue to focus on building on
the Sirius 21 community and aim to secure new business wins for our Sirius for
Insurance product.”


‘Sesame slow on bond claims’

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Turkish shares look a delight

A star European fund manager who is little known to most IFAs but not to institutions, is James Hordern, now with Dalton Strategic Partnership.

Way adds estate transfer plan to range

The Way Group is adding an estate transfer plan to its range of inheritance tax planning vehicles underwritten by Isle of Man Assurance. Way says the estate transfer plan, which is only available through an insurance policy, will offer the benefits of a discounted plan but with increased flexibility for the donor over the extent […]


Guide: what you need to consider for your auto-enrolment project

In this guide, Johnson Fleming reveals what items you need to understand to gauge the impact of auto-enrolment on your business. The guide focuses on: the impact that your auto-enrolment scheme will have on you; assessing your workforce; understanding your staging date; reviewing your current provision; and modelling contribution levels and costs.


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