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,...
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