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...
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