SJP refuses to compensate unwell man mis-sold life policy above ombudsman limit
Client with declining health could have lost £370,000
St James’s Place (SJP) has refused to compensate a man in declining health above the legal FOS compensation limit.
According to the Financial Ombudsman Service (FOS), a couple named Mrs and Ms J were sold whole life policies by the advice giant. The pair initially complained the commission on the policies was "hidden...
More on Your profession
SL Aberdeen's advice arm 1825 unveils new leadership team
Standard Life Aberdeen's financial advice business 1825 has made changes to its leadership team that will see joint-leaders take charge of its financial planning and advice teams.
Tom Dunbar: Advisers should take their own advice and plan early for retirement
Answer four key questions
Kim Bendall launches outsourcing firm Go Paraplanning
Opened this month
Advisers who would recommend career in financial advice jumps by one fifth - research
Despite concerns over recruiting
More news
SL Aberdeen's advice arm 1825 unveils new leadership team
Standard Life Aberdeen's financial advice business 1825 has made changes to its leadership team that will see joint-leaders take charge of its financial planning and advice teams.
FSCS begins accepting claims against Guinness Mahon; already received 961 complaints
Entered administration in February
Workplace schemes mandated to 'nudge' members into pensions guidance
Occupational pensions schemes will be required to direct savers to take guidance on pension withdrawals under new provisions to boost engagement.
Number of ESG indices globally sees record rise
40% increase year-on-year
