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SJP refunds client more than £75k

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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...

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