Displaying items by tag: SJP
Advisers warn FCA targeted support proposals fall short
Financial advisers have broadly welcomed the FCA’s new proposals for targeted support for pension savers but have warned more clarity is needed if they are to succeed.
Retirement planning only begins at 55 for many - report
Many people are failing to prioritise retirement planning until age 55, according to a new report which paints a worrying picture of late or poor preparation.
Future retirees less likely to leave inheritance
Two thirds (68%) of UK adults believe it’s important they leave an inheritance, but mortgage and rental costs are hitting their hopes of handing down a legacy.
30% rise likely in families with 2 retired generations
More than one million families are expected to contain more than one retired generation by 2034 – a 32% increase on the 813,000 multi-retiree families seen currently, according to a new study.
SJP ditches exit charges in major fee revamp
After intense pressure from several quarters, wealth manager St James's Place said today that it would scrap most exit charges in a major overhaul due to be implemented in the second half of 2025.
SJP hit by falling share price after launching fee review
St James's Place, one of the UK’s largest wealth managers and a significant SIPP adviser, suffered a 21% fall in its share price at one point today after announcing a review of its much-criticised fees and charges.
Barnett Waddingham hires head of SIPP finance
Barnett Waddingham has appointed former St James Place Wealth director Neil Howitt as its new head of SIPP Finance.
SJP uncovers regional pension splitting disparities
A study for wealth manager St James’s Place has revealed major regional differences in pension sharing on divorce, some of which could negatively affect women.
Only 13% of divorcing couples split pensions
Pensions are split between couples in less than one in eight (13%) divorces, according to new research by wealth manager St James’s Place (SJP).
Westbridge’s Tilley to take up AMPS interim chair
Martin Tilley, head of technical at Westbridge SSAS, has been appointed interim chair of The Association of Member-Directed Pension Schemes (AMPS).