SJP promises changes, pension transfer advice in demand and savers speak on Woodford losses - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend…
St James's Place bows to pressure on perks Seemingly due to the negative press coverage over the last six months, St James's Place has told staff that bonus structures and job titles will be changed to reward "the right behaviours", The Sunday Times reports. The advice giant says a fresh reward scheme will go beyond recognising sales made per year. It has also confirmed that annual cruises for its top performers, plus overseas business trips, will be axed alongside company "regalia" such as cufflinks. The changes to its rewards system were revealed allongside a rebrand to "modernis...
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