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.
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.
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.
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.
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.
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.
St James’s Place; one of the UK’s largest wealth managers has completed its acquisition of The Henley Group.
St James’s Place Wealth Management, the Cirencester-based UK wealth management network, is at an “advanced stage” of acquiring the Henley Group, the Singapore-based wealth manager founded by Antony Michell, it has emerged.
SJP will look to grow organically as assets show growth spurt.