This week's news… condensed

Structured products Errors made by Santander in the sales of structured products came back to haunt the bank this week when it was fined £1.5m by the FSA. SJP Stellar results once again from St James's Place, which reported a 30% rise in profits for 2011. The wealth manager also said it will roll out a code of conduct for advisers on trail commission. It's your fault, apparently The FSA thinks it knows why there is such low consumer confidence in the financial services, with its head of enforcement saying the industry has "no-one but itself to blame". Banks Miserable news f...