Perspective shelves plans to float on AIM

The company said last month it was looking to raise £28m via an initial public offering (IPO). In a statement, the company said: "Despite strong interest from investors, Perspective Financial Group has decided to postpone its IPO. "The company continues to deliver strong profitable growth and remains confident in its proven strategy and will seek to revisit the IPO at a more appropriate time." Perspective provides advice to about 84,000 private clients and around 500 corporate pension clients and in recent months has carried out a growth strategy of buying Retail Distribution Revie...