RE: SJP - St James Place1 Mar 2024 20:14
I have no problem publishing this here Cornish Pete if it helps? (there was nothing in the email to suggest I need to keep it private) - this is from my current SJP advisor, baring in mind I asked if charges would be raised based on the 462m being put aside!:
"From my understanding, there are no plans for charges to go up, in fact, charges are going to come down in the next year or so as we ensure that we continue to offer clients value (as required by the FCA). Also, if you haven't been seen on a regular basis prior to me taking over your servicing, my understanding is that you will be contacted with regards to compensation for advice that was missed."
That's what I have so far, and this obviously suggests historic advice.
Whether SJP have kept records of previous 'advisors' is the key as I know for a fact my previous advisor saw me once in a lifetime when he felt like it, and then got booted out (I think).
Looks like historic compensation maybe on the cards. Again, I'll keep you posted with my updates. 👍