Top 10 UK stories of 2017
By Tom Carnegie, 21 Dec 17
Qrops charges, an FCA crackdown on pension transfers and court action taken by a former English footballer against his ex-financial adviser were some of the most read stories this year. Scroll through the slides to see the 10 most clicked UK articles of 2017.
One of the UK’s largest wealth managers came under fire in February for using an ‘air miles’ type reward system for advisers that saw them take home jewellery and trips for bringing in high levels of client investment.
A Sunday Times article revealed that St James’s Place does not pay its advisers a salary, giving them instead a cut of the money they bring in from clients, which is then topped up by gifts based on a credit system.
To get the top bonus, successful advisers must rack up 1.5 million credits – the equivalent of £1.5m in advice fees.
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