B.P. Marsh & Partners Plc’s Investee Company To Cease The Provision Of DB Pension Transfer Advice

  • Sep 02, 2019 BST
  • Team Kalkine

B.P. Marsh & Partners Plc’s (AIM:  BPM), investee company LEBC Holdings Limited, which owns LEBC Group Limited, has updated that after the FCA’s review of LEBC Group on the division of the business that provides DB pension transfer advice, the company has agreed voluntarily to cease the provision of DB pension transfer advice and projects, forthwith. The decision will reduce the LEBC Group’s valuation and will impact the overall NAV (net asset value) of the whole group.

On 2nd September 2019, at the time of writing, GMT 10:19 AM, BPM shares were trading at GBX 217.00, down by 48.00 points or 18.11% against the previous day closing price.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.

We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.

To know more about these dividend stocks, click here

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK