A financial adviser has received substantial damages after being falsely accused of stealing £5m by the Mail on Sunday newspaper.
St James's Place (SJP) is targeting double digit growth over the next five years, after announcing positive new inflows this morning.
Funds under management at wealth manager St James's Place have hit a record £31bn.
This morning two regular twitterers from the financial adviser community discussed the merits - or otherwise - of basing an advisory business on the St James's Place model.
Sesame has blamed claims management companies (CMCs) for a near-100% rise in the number of complaints against it being referred to the Financial Ombudsman Service (FOS).
Wealth manager St James's Place (SJP) is rolling out "minimum service standards" for its advisers to ensure trail commission and ongoing fees are being levied fairly.
Wealth manager St James's Place (SJP) has reported a 30% rise in profits for 2011.