Three things your client may call you about this week ...

SJP refunds client more than £75k

clock • 2 min read

A 'rogue' adviser, pension transfer advisers and WASPI - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend...

St James's Place to refund customer over rogue adviser St James's Place (SJP) has had to refund a customer more than £75,000 after one of its advisers "went rogue" and persuaded clients to invest money into a friend's company that subsequently went bust, The Sunday Times reports.  Cox, who worked at SJP for around a decade until last May, encouraged about 17 of his SJP clients to invest a total of £1.35 million in Green World Innovations - a company owned by Cox's friend that has since gone bankrupt. The victims, some in their eighties, who have lost six-figure sums claim they only...

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

Join

 

Already a Professional Adviser member?

Login

More on Your profession

OBR leak 'embarrassing' as Selby calls for pension stability after Autumn Budget

OBR leak 'embarrassing' as Selby calls for pension stability after Autumn Budget

AJ Bell’s Tom Selby joins Sahar Nazir in the studio to unpack the Budget

Sahar Nazir
clock 28 November 2025 • 1 min read
Andrew Goodwin: Advisers shouldn't have to be told to improve

Andrew Goodwin: Advisers shouldn't have to be told to improve

'The fact is that nobody stays ahead of the curve by standing still'

Andrew Goodwin
clock 28 November 2025 • 4 min read
Treasury Committee chair welcomes plan to replace Lifetime ISA

Treasury Committee chair welcomes plan to replace Lifetime ISA

LISA is ‘too complex'

Sahar Nazir
clock 28 November 2025 • 2 min read