Editor's View: It's all go at SJP but what is actually happening?!

On Tuesday, the £5.6bn firm announced a complete overhaul of its fee structure, one which seems to have led to a tonne of confusion across the industry. Will it only benefit new clients? How are existing clients impacted? What about advisers? The move comes as a surprise to us all given outgoing chief executive Andrew Croft has vehemently defended firm's infamous approach to charging over the years. That being said, even the head honchos of Chichester would be hard pressed to justify some of the firm's approaches in light of Consumer Duty. It was time for a change, even if we'll have to wai...