SJP pre-tax profits reach £353.8m as advice demand grows

Total 4,556 qualified advisers across partnership

Jenna Brown
clock • 2 min read

Full-year pre-tax profits at St James’s Place (SJP) reached £353.8m last year compared to £327.6m in 2020, according to its annual results.

Gross inflows were £18.2bn compared to last year's £14.3bn. It reported net inflow of funds under management of £11bn versus £8.2bn last year. Funds under management reached £154bn and it said the partnership had 4,556 qualified advisers. The partnership said it proposed a final dividend of 40.41p per share up from 2020's 38.49p per share, resulting in full-year dividend of 51.96 p per share. Chief executive Andrew Croft said: "In 2020, at the height of the pandemic, St. James's Place demonstrated real resilience during very difficult circumstances, thanks largely to the agility of...

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 Companies

M&A-hungry My Pension Expert enters £25m refinancing deal

M&A-hungry My Pension Expert enters £25m refinancing deal

Follows Tenet&You buy last year

Jen Frost
clock 29 April 2025 • 2 min read
FSCS investigates advice firm after director's £2.3m fraud charge

FSCS investigates advice firm after director's £2.3m fraud charge

Lifeboat fund working with FCA on potential Campbell & Associates claims

Isabel Baxter
clock 28 April 2025 • 2 min read
FSCS declares firm failed over pensions advice

FSCS declares firm failed over pensions advice

Not British Steel related

Isabel Baxter
clock 25 April 2025 • 1 min read