UK - Jarvis Investment Management's first half turnover soared 80% - rising from £704,000 to £1.2m.
Pre-tax profits were £417,427 compared to a £5158 loss in 2003. Earnings per share were nine times higher, rising to 2.8p a share from 0.3p.
The firm has paid an interim dividend in the first half of 1.75p per share. There was no dividend fo
The Pensions and Lifetime Savings Association (PLSA) has announced it will shrink its board by more than one-third as part of a governance overhaul to make it "agile and more appropriate".
Smaller FTSE 350 defined benefit (DB) schemes were nearly 15 percentage points less well-funded than larger schemes in 2017, according to a Goldman Sachs Asset Management (GSAM) analysis.
The advent of collective pension systems could help the UK avoid demographic challenges which will make it "impossible" for society to help savers in retirement, experts say.