St James’s Place
Best Practice | 5 Sep 17
Complaints against SJP up but Sesame worst advice offender
The UK’s Financial Ombudsman Service (FOS) received 22% more new complaints against St James’s Place in 1H17 compared with 2H16 and, despite a drop in the number of complaints against Sesame, the network remained the most complained about advice provider.
Ex-FPI Singapore managing director Chris Gill joins SJP Asia
Former Friends Provident International Singapore managing director Chris Gill has joined St James’s Place Wealth Management Asia as development director to the international business.
Aberdeen and SJP top Spot the Dog’s ‘worst of the worst’ list
A report by Bestinvest has named and shamed Aberdeen Asset Management and St James’s Place for running some of the worst-performing equity ‘dog’ funds.
SJP’s adviser ranks grow as funds under management hit £83bn
Adviser numbers continue to rise at St James’s Place, as funds under management hit £83bn ($108.3bn, €92.9bn) and it revealed plans to launch a growth fund in another sign that it will take more than negative headlines to dent the firm’s market share.
Analysis – Under fire SJP, still no easy target for rivals
St James’s Place Wealth has suffered another week of grim headlines about its advice model, but for rival IFAs and restricted advisers to win business and clients off what is arguably the market leader is easier said than done.