Wealth manager credits furloughing and salary waivers for pandemic performance

News Team, 24/06/2020

Brian Raven, the CEO of Tavistock

Wealth manager Tavistock Investment said today that voluntary salary waivers by staff had helped it weather the Covid-19 pandemic in fine fettle – so far at least.

In an update to the London Stock Exchange, the firm said trading during the first two months of its financial year (April and May) had been ahead of the board’s expectations.

This was due to both its “swift” pandemic response ...

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