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“…And so and increase in these revenue streams will correspond with an increase in the associated expense and vice versa" - SJP.
St. James’s Place has reported that advisory charges are not a “major driver” of its profits, as its shares decreased by more than two per cent (2.31%) this morning.
In its annual results for 2019 published this morning (27 February), the advice giant explained that most of the initial advice charges received are "offset by corresponding remuneration for partners". On...
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