Former St James’s Place boss denied £450k bonus after tumultuous 2023 April 8, 2024 The board of wealth manager St James’s Place has cancelled a £456,700 bonus due to its former chief executive for 2023 after his final few months in the role saw the FTSE 100 firm in turmoil from excessive fees.
How much money will St James’s Place customers actually get? April 3, 2024 The firm announced last month that it had set aside £426m to cover the cost of refunding customer complaints over.
Why Quilter won’t be the next St. James’s Place March 21, 2024 In Quilter's 2023 results that were published this month, the firm revealed that it had been approached by the Financial Conduct Authority
Northern law firm looks to take advantage of turmoil at St. James’s Place March 12, 2024 A northern law firm is looking to take advantage of the turmoil at Britain’s biggest wealth manager, St James’s Place.
St James’s Place faces 15,000 overcharging claims March 3, 2024 St James's Place has come under further pressure after it was revealed that the wealth manager faces more than 15,000 overcharging claims costing as much as £426m.
FTSE 100 close: London sinks into the red as shares in St James’s Place crash, Reckitt and Taylor Wimpey fall February 28, 2024 Shares in St James Place plummeted after it slashed its dividend and warned that costs connected to complaints would be a drag on growth in the coming year.
Is there anything good in St James’s Place’s results? February 28, 2024 Britain’s biggest wealth manager St James's Place saw its stock price hit its lowest since December 2012 this morning on the back of a gruelling 2023 results.
St James’s Place brings in £5.1bn of new money as funds swell by £20bn January 25, 2024 This growth largely came from its pensions arm, which swelled by over £6bn in the final quarter of the year, compared to £1.6bn in its investment arm and £1bn in its discretionary fund management wing.
St James’s Place shakes up investment managers amid fees pressure December 4, 2023 St James’s Place confirmed it has dropped Jacob Rees-Mogg-founded Somerset Capital Management and brought in three new investment managers today in the latest sign of an overhaul at the firm after pressure over its complex fees.
What’s going on at St James’s Place? October 27, 2023 St James's Place has suffered a bruising couple of months — but analysts say the outlook for the firm is positive.