St James’s Place
United Kingdom | 16 Sep 14
ExSJP partner faces 300k fine and industry ban
An ex-partner at St. Jamess Place faces an industry ban and a £300,000 fine after his clients lost millions through investments into companies that he controlled.
SJP gives Woodford green light to go international
Neil Woodford has been granted flexibility to invest up to a quarter of his £1.4bn St James’s Place UK High Income Fund in non-UK equities following an EGM of unit holders.
United Kingdom | 2 Sep 14
Sesame most complained about advisory firm
Sesame received more complaints than any other advisory firm over the first half of 2014, the Financial Ombudsmen Service (FOS) has revealed in its half year results.
Indemnity commission ban heralded a game
The ban on the payment of indemnity commission on Investment Linked Assurance Schemes in Hong Kong has been described as a game-changer by leading advisers.
United Kingdom | 29 Jul 14
St James Place sees new business
St James’s Place has seen a 20% year on year growth in new business over the first six months of 2014, despite losing nearly 10% in profit due to regulatory changes.