St. James's Place failed to make a profit from its distribution arm in the first half of 2011, citing the impact of the Retail Distribution Review (RDR), although group operating profit was up 13%.
After a total of 14 years with Fidelity, Peter Hicks will leave the company next month. Here's our round-up of this week's big industry movers...
St. James's Place is launching a global equity fund in a bid to diversify assets away from fund manager THS Partners.
Wealth manager St James's Place says strong sales and its "excellent" retention of existing client funds helped it negate the effects of a slow quarter in stock markets.
Lloyds Banking Group has declined to comment on fresh speculation the company is looking to sell Scottish Widows.
The FSA has issued a warning about a Geneva-based firm which may be luring in UK customers who think they are dealing with wealth manager St James's Place.
St. James's Place has appointed former Skandia tax head Colin Jelley to the new position of divisional director private clients.
A 35-year-old man has been found guilty of the murder of former St. James's Place investment adviser Geoff Kerr.
The distribution unit of wealth manager St James's Place (SJP) turned a huge loss in 2009 into a significant profit last year after new business increased by a third.
St James's Place reported total new business (APE) hit £581.8m in 2010, a rise of 32% compared to £440.8m the previous year.