The financial ombudsman (FOS) says the elderly now account for more than a fifth of all investment complaints, with more and more concerning bank or building society branch staff.
J.P. Morgan, F&C, Henderson New Star and St James's Place are among the fund management groups expecting to cut dividends on their UK equity income funds by up to 25% in the coming year.
St James's Place has appointed Bright Grey to its protection panel giving its 1,200 partners access to the provider's products.
Wealth management group St James's Place saw pension sales almost double last year after new regulations governing retirement savings were introduced, says the Daily Telegraph .
Mortgage intermediaries affiliated to St James's Place have been told they are being transferred to mortgage network Home of Choice.
WEALTH MANAGEMENT FIRM, St James's Place has beaten City forecasts with a 52% increase in first-half operating profits, reports The Daily Telegraph .