Wealth Management

SJP reveals funds worth £24bn are failing to deliver value

Wealth giant sees an improvement on 2024 ahead of adopting new charging structure

Under chief executive Mark FitzPatrick, SJP has scrapped its controversial exit fees and adopted a 'simpler' fee structure
Under chief executive Mark FitzPatrick, SJP has scrapped its controversial exit fees and adopted a 'simpler' fee structure

Wealth giant St James’s Place has revealed that around a fifth of its funds are still failing to deliver value for money, despite a major overhaul to its investment range.

Eight funds out of 44 included in the Cirencester-headquartered firm’s latest value assessment were flagged as “delivering insufficient value” for lacklustre performance or for being more expensive than similar products from rivals.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink