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What the new SJP charges may look like

Wealth manager St James’s Place announced today that its much-criticised charging structure will be full revamped by the second half of 2025.

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SJP shares plummet 20% as fee review launched

St James's Place, one of the UK’s largest wealth managers, suffered a 21% drop in its share price at one point today after announcing a review of its much-criticised fees and charges.

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27% surge in CGT collected from trusts

The Capital Gains Tax (CGT) collected from trusts has grown by 27% to £1bn over the past year, according to data released by HMRC this month.

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4 advisers join FOS list of firms hit by most complaints

Four Financial Planning and wealth management firms are included in the table of most complained-against financial services firms published by the Financial Ombudsman Service for the first half of 2023.

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