St James’s Place (SJP) CEO Mark FitzPatrick has told analysts to expect charging structure changes, which he said will tackle "the perception of SJP being expensive", from early H2 2025.
"In terms of the new charging structure, I think we're on track to have it in place by the end of this first half," FitzPatrick said during SJP's full year earnings Q&A this morning (27 February. "From a modelling perspective, you should be looking from the beginning of the second half of this year that the new charging structure is in place." During the call, which followed SJP reporting profit of almost £400m for 2024, FitzPatrick fielded analyst questions on charging structure changes. Following the onset of Consumer Duty in July 2023, the wealth management giant is moving to disag...
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