Financial Planning firm Tavistock made a loss of £0.94m in the year to March, company results published today show.

Financial Planning firm Tavistock Investments has acquired Precise Protect, an insurance and protection business based in Bangor, Northern Ireland, for £7m.

The contribution to EBITDA from Financial Planning firm Tavistock’s advisory business rose 56% year-on-year to £1.4m for the six months ended 30 September.

Financial Planner Tavistock has sold its hybrid digital app business LEBC Hummingbird back to a wholly-owned subsidiary of original owner LEBC Holdings Limited for £3m.