SJP sets aside £426m to deal with advice claims

 

Wealth manager St James’s Place Capital has set aside £426m to deal with client claims about historic ongoing advice after a surge in complaints in late 2023.

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SJP hit by £4.6bn slump in net inflows

Wealth manager St James’s Place saw net inflows nearly halve in 2023 to £5.12bn but funds under management rose sharply as a market recovery got under way.

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New SJP CEO Mark FitzPatrick starts job today

Mark FitzPatrick, the new CEO of national wealth manager St James’s Place, has started work today in his new role after the company received regulatory approval for the appointment.

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Ex-Pru boss FitzPatrick to be new SJP CEO

Wealth manager St James’s Place (SJP) has hired former Prudential boss Mark FitzPatrick to be its next CEO.

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