RSM Tenon pulls tax products after Budget move

The discontinued products were bespoke and provided to high net worth clients, the group said in an interim results statement issued today. However, the company will continue to manage bespoke products already purchased by clients. RSM Tenon issued a profits warning in January this year and susequently embarked on a restructure in which it said it would cut 10% of all jobs in a bid to make cost savings of £14m. Today's statement said about 75% of the targeted savings were already secured. "We expect to have substantially completed the programme by June 2012 and to achieve saving...