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...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes