Frenkel Topping Group plc Trading Update

Frenkel Topping, the provider of specialist independent financial advice on the investment of personal injury damages and clinical negligence awards, today releases a trading update ahead of the release of its final results announcement for the year ended 31 December 2012, which is expected towards the end of March 2013.

The Company announces that the final results for the year ended 31 December 2012 are expected to be in line with market expectations.

The successful implementation of the Group’s technology platform and integrated administration software at the end of 2012 has built a strong suite of tools which fully integrate world class investment houses, allowing Frenkel Topping broader access to leading fund management products on behalf of its clients.  In addition, Frenkel Topping has continued to grow its Funds in the Investment Management Service during the period as well as increasing the number of Retail Distribution Review (“RDR”) qualified authorised individuals in the Group, which the Board believes puts the Group in a robust position for the current financial year. 

David Southworth, Chairman of Frenkel Topping commented: “We are pleased to confirm that the Company’s results for the full year are expected to be in line with market expectations. The Group has successfully prepared itself for the RDR, and we look forward to continuing to grow Funds in the Investment Management Service during 2013.”