A proposed group claim against St James's Place (SJP), brought together by law firm Robertson Pugh Associates, has secured funding from a specialist litigation funder.
SJP operates through a network of appointed representatives (ARs) who advise on its products. The proposed claim is open to former ARs and advisers whose practices were transferred away from them by SJP "without fair compensation", the law firm said. It is understood that Robertson Pugh Associates signed a relationship agreement with a funder in July to unlock potential funding. Robertson Pugh Associates co-founder Elizabeth Robertson said: "We are bringing together a group of former SJP ARs who allege that their businesses were taken by SJP without fair compensation. "The value...
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