St James’s Place
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.
Best Practice | 24 Jul 17
St James’s Place fails on disclosure says UK consumer watchdog
Financial advisers from St James’s Place are failing to comply with rules on transparency around charges and some are misleading potential customers about what they can offer, an investigation by UK consumer watchdog Which? has found.
Is the FCA barking up the wrong tree over platforms?
The Financial Conduct Authority wants to use the platform review to drive more competition in the asset management sector, but experts are asking whether it is looking in the wrong place.