Asset Management

St James’s Place defends exec pay packets after shareholder questions

Investors baulked at pandemic era share awards, but wealth giant is sticking to its guns

Can former Prudential CFO Mark Fitzpatrick assuage shareholders as he takes over at SJP?
Can former Prudential CFO Mark Fitzpatrick assuage shareholders as he takes over at SJP? Photo: Lionel Ng/Getty Images

St James's Place has defended its decision not to cut share awards for top staff last year despite a fall in its share price.

More than 20% of investors voted against the wealth management giant's directors' remuneration report at its annual general meeting in May.

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