The Pro Adviser Podcast: A review of the SJP revelations

'Too little too late'

clock • 1 min read

Welcome back to The Pro Adviser Podcast where, as well as apologising for its two months hiatus, we discuss the St James's Place news of recent weeks and our Defining Broken Transfer series.

It has been a long, hot summer, but nobody felt the heat more than advice giant St James's Place (SJP). The restricted firm took a kicking from the national press - particularly from The Sunday Times - for the perks offered to its advisers for bringing more clients and assets to the business. To delve into the details, Tom Ellis is joined by PA news editor Hannah Godfrey. After the negative national press, a note from SJP CEO Andrew Croft - seen by Professional Adviser - revealed the firm was reviewing its incentives and remuneration structure. Quoting famous noughties pop star JoJo,...

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 Your profession

Starting young: Parents perfectly placed on financial education

Starting young: Parents perfectly placed on financial education

Maps developed a UK strategy for financial wellbeing

Jenna Brown
clock 17 April 2024 • 2 min read
UK inflation falls less than expected over March to 3.2%

UK inflation falls less than expected over March to 3.2%

Core inflation fell from 4.5% in February to 4.2%

clock 17 April 2024 • 2 min read
Financial implications to life events: What women need to consider

Financial implications to life events: What women need to consider

Divorce is an emotional process and advisers must adapt to client needs

Jenna Brown
clock 17 April 2024 • 3 min read