Reduced insurer payments behind 'modest' turnover rise at Perkins Slade
Birmingham-based broker Perkins Slade has attributed reduced service fee payments from insurers and soft market conditions for a modest 2% rise in turnover for the year ended 31 August 2014.
The firm recorded revenues of £5.38m last year compared to £5.3m for the previous 12 months, which were delivered alongside a marginal increase in administrative expenses to £5.3m (FY 2013: £5.25m).
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