Do you have a claim against St James’s Place?
Have you been a client of St James’s Place (SJP) for your pension or investments at any time since 31 December 2012? If you have been, then you could be due what may amount to thousands in compensation!
Even if your investments have done well, a Wealth Manager who manages your investments can only charge you a “fair value” for the services they perform for you. That requirement applies to every year that they provide services to you. If in any year they have failed to provide any service or fair value for the level of services agreed, the charge should be refunded with interest.
In early 2024, SJP which controls about £168 billion of customer funds, realised there may be valid legal claims for refunds of charges and have set aside £426 million for making compensation payments to those customers who have been affected.
Your investments may have performed well, but that is not the point. SJP may have taken fees from your investments that they shouldn’t have.
Don’t hesitate, find out now if you may be eligible to claim……….
Historically, SJP has operated an automatic ‘opt in’ model regarding their ongoing fee charges, which you may not have been aware of. The effect of this opt in is that you were automatically charged for service such as an adviser review whether you received one or not. The fee SJP charges is based on a percentage of the funds they manage for you, so the fees they have deducted from your investments in the past can often be considerable.
Money and Me Solicitors Ltd will aim to recover these fees for you, plus interest. SJP are aware of the problem and have set aside £426 million pounds to compensate those affected.
We make the process really easy for you. You start by taking less than a minute to complete our ‘Quick Eligibility Checker’. Just a few simple questions to see if you may be one of those customers who may be eligible to claim.
From here, we will do the rest. If you allow us to conclude the claim through to a conclusion, you will only have to pay us a fee from the funds we recover for you. So, rest assured, there are no upfront fees for you to pay.
As a specialised claims company and now a niche Solicitors Practice, the team at Money and Me have won thousands of financial claims and millions of pounds in compensation for clients in the pensions and investment mis-selling sector, therefore we know what we are doing!