ROPS add over £10m of revenue, £3.6m Carey compensation estimate, STM reports

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STM Group today reported modest growth "on the back of an unprecedent year in terms of the global pandemic" with revenues of £24m (2019: £23.3m) in the year to 31 December 2020 and profit before other items of £3.6m (2019: £3.5m). It highlighted how its pension administration businesses continued to be "the life-blood of our group, and the corner stone to our profitability", while it also gave an estimate on potential claims following the appeal decision in the high profile Carey v Adams c...

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