STM welcomes UK authorisation of Carey Workplace Pension Trust

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Cross-border financial services provider STM said the UK's pension regulator had confirmed the authorisation of the Carey Workplace Pension Trust.

The trust was confirmed as an approved master trust for the continuing acceptance of auto-enrolment contributions from the UK market.

It was administered by Carey Corporate Pensions, which formed part of the UK businesses acquired by STM in February.

At 9:31am: (LON:STM) STM Group PLC share price was +0.5p at 44p