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Tag: Financial Conduct Authority

Why Quilter won’t be the next St. James’s Place

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Why Quilter won’t be the next St. James’s Place

Fears that Quilter could become the next St. James’s Place are exaggerated, argue two analysts from Liberum. After St James’s Place announced last month that it would have to set aside £426 million to repay customers who had paid for annual reports and then not received them, all eyes turned to Quilter as the next […]

St James’s Place faces 15,000 lawsuits over excessive charges worth up to £426 million

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St James’s Place faces 15,000 lawsuits over excessive charges worth up to £426 million

Bolton-based AMK Legal filed the 15,000 claims on behalf of SJP clients. St James’s Place has come under further pressure after it was revealed that the asset manager is facing over 15,000 claims for overbilling that could cost the company up to £426 million. According to a report in the Sunday Times, Bolton-based AMK Legal […]