SJP plans 200 job cuts as pandemic hits pre-tax profits
2020 full year results
SJP plans 200 job cuts as pandemic hits pre-tax profits
St James’s Place plans to cut 200 jobs from its business in a “streamlining” plan, it has confirmed in its annual results for 2020 which saw pre-tax profits drop to £426.4m in 2020 compared to £708.9m in the same period a year earlier.
The FTSE 100 business said net inflows were also down 8% but funds under management were up 11% to £129.3bn from £117bn. The firm said it had taken some measures to protect the business from the effects...
More on Your profession
Chancellor Sunak unveils plans to support fintech
More sandboxes
Mattioli Woods acquires adviser firm Caledonia Asset Management for £1.6m
Edinburgh-based wealth manager has £55m AUA
Vanguard launches restricted financial planning arm
0.79% all-in cost
Back to Top
More news
Adrian Boulding: The spectre of negative interest rates
Six months' prep time
Chancellor Sunak unveils plans to support fintech
More sandboxes
IA Targeted Absolute Return sector most viewed by advisers in Q1 2021 - Square Mile
Searches on Square Mile’s Academy of Funds
