Net inflows to under-fire wealth manager St James’s Place slumped 64.5% in the first quarter of the year compared to last year, but funds under management climbed again.

Wealth manager St James’s Place will offer access to its financial adviser virtual reality empathy training to non-SJP trainees through two VR in-person sessions through the Chartered Insurance Institute (CII) in May and June.

Wealth manager St James’s Place has entered into its first TV sponsorship deal as it aims to increase its brand awareness.

Wealth manager St James’s Place has added a new ‘CIO Office’ team to oversee the running of its investment processes.