Jelf trading in line for full year

Jelf, an independent financial services consultancy, said it had enjoyed a positive second half of the year and results were expected to be in line with market expectations.

Jelf, an independent financial services consultancy, said it had enjoyed a positive second half of the year and results were expected to be in line with market expectations.

This was despite a challenging market environment with no signs of an upturn in the economy, the firm added.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up

"We remain strongly cash generative and have positive cash resources net of debt," it said in a trading update.

"During these uncertain economic times, we have continued to focus on further improving efficiency, growing margins and on organic growth."

MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.