Have you invested in St James’s Place? If so, you could be due thousands of pounds in compensation.

Wealth Manager, St James’s Place, has hit the headlines following complaints of complex fee structures, excessive exit fees, hidden charges, and absent advice.

To check if you have a claim please call, email or complete the form.

You may have been affected by one or more of the following:

  • Have you been charged for services by St. James’s Place that you didn’t receive? Have you had regular annual reviews you may have been charged for?

  • Have you suffered a loss of diversity in your investments by investing/transferring money to St.James’s Place?

  • Have you transferred Pension monies to St.James’s Place? If so, were your attitude to risk and investing implications fully explained to you?

  • Fill in our quick to complete claim form, and we will commence your no-obligation check.

Free Claim Check – Do you Qualify?

Find out if you are able to make a no win, no fee, claim for compensation today. Find out how much you can claim back.

We will not pass your details to third parties, and you will not receive unsolicited cold calls. Complete our simple form to request your free, no obligation check.

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Have you had investments with St James’s Place?

Investment Manager, St James’s Place, has hit the headlines following complaints of complex fee structures, excessive exit fees, hidden charges, and absent advice.

St James’s Place has set aside £426 million to repay clients’ claims.

If you have paid fees for advice that you have not received, you may be eligible for compensation. We can assess your case and make a ‘no win, no fee’ refund claim.

Have you had investments with St James’s Place since 2013? Have you paid for financial advice that you didn’t receive?

Please call, email, or complete the form to check if you have a claim.

Our Simple 3 Step Process

01

Enquire

Complete our simple form, to request your no obligation free check

02

Discover

We will gather and review your details to assess if you qualify for a claim, completely FREE of charge.

03

Claim

Receive your results and start the claim for compensation

Frequently Asked Questions

On average the claim will take anything between 6 weeks up to 3 months.

If you have held investments with St James’s Place and have paid the annual charge for ongoing advice and reviews that you have not received, you may be eligible for compensation. You may have paid more in fees than you should have if you transferred monies to St. James’s Place. You may also not have had the correct investment advice or diversification of funds on transfer to St. James’s Place.

We charge 25% plus VAT

We believe the fees we charge are lower than most of the other companies that are processing similar type claims.

Apart from the fact that the fee our charge is lower than many others, our expertise in this sector allows us to investigate many areas of your investment or pension and not just the “no annual advice” element of the claim.

SJP will probably contact you in an attempt to put you off claiming, if they do contact you, ask them to refer their questions to us, as your agents. We have extensive experience in obtaining the correct answers quickly.

Absolutely, Investment Claims is a brand of our parent company Financial Claim Solutions Ltd, who are regulated by the FCA.

St. James’s Place Compensation Claims

On December 31st 2012, the Financial Conduct Authority (FCA) – introduced ‘adviser charging’ to abolish anti-competitive commission rates.

The aim of this change was for clients to pay for the advice they received, rather than the products their advisers recommended.

These charges are deducted annually from clients’ investments to pay for the advice and other services provided.

Investment management company, St James’s Place, announced that it was ring-fencing £426 million to cover expected client complaints relating to hidden adviser fees, in addition to other complaints.

Millions of pounds in financial adviser fees are being deducted from investment pots, pensions and UK investors’ ISAs every year – these fees could be refunded.

In many cases the advisor did not complete an annual client review you may have been paying for. You may be able to reclaim the fees for this.

Each time the adviser fails to meet these levels of service they are breaching the terms of their contractual arrangements, and you could be due compensation.

It is claimed that SJP clients paid for an ‘all-inclusive’ fee package without being informed of the individual components the package would cover, including a 0.5% annual adviser charge.

Example: This means that for an SJP client with a £500,000 pot with the firm, they would be looking at an annual charge of £2,500.

If you have held investments with St James’s Place and have paid the 0.5% annual charge for ongoing advice, service and reviews that you have not received, you may be eligible for compensation.

Example:

Mr. Smith was advised to transfer his Personal Pension to SJP. Mr. Smith was not looking to take excessive risk and did not fully understand all the implications of the recommendation to transfer his Personal Pension to SJP.

Mr. Smith’s former Pension plan provided him with a low-cost plan with a wide range of regulated mainstream funds. These funds allowed a level of risk suited to his attitude to risk and a lower charging structure than the SJP offering.

In transferring Mr. Smith’s funds to SJP, the SJP Partner invested Mr. Smith’s funds exclusively into SJP funds resulting in a loss of diversity in his portfolio and negatively impacting levels of risk management in his portfolio whilst requiring him to pay a more expensive charging structure in SJP.

About Us

We are regulated by the FCA (Financial Conduct Authority) so you can be assured your claim will be dealt with professionally and with your best interest at heart.

The team at Financial Claims Solutions has been involved with claims management services for over 30 years and has extensive experience in this marketplace, to date we have recovered many millions in compensation for thousands of clients.

We have an in-depth knowledge of charging structures and fee charging for advice and how the advice should be provided by investment firms.

Unlike some other companies working in the claims industry, our collective experience allows us to ask more searching technical questions of investment service providers when investigating your claims, which could result in higher compensation amounts.

Please call, email, or complete the form to check if you have a claim.

If you or a loved one are a current or former client of St James’s Place and believe that you have paid fees for advice you did not receive, you may be entitled to compensation.

Free Check