Sirius results reflect a growth in broker base

Sirius Financial Solutions has announced healthy preliminary results for the business in 2005 showing growth in all areas. Group turnover grew to £21.8 last year, a marginal increase on the £21.7m seen in 2004. Although this figure was hardly a stellar improvement, elsewhere in the business growth has been more robust.

Growth in recurring revenues increased 14% to £8.7m, up from £7.6m in 2004, and now represents 40% of group turnover, up from 35% the previous year. Sirius also recorded a 54%

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