Here's our weekly heads-up on the stories that may have caught your clients' attention over the weekend …
‘Rip-off' fees of top 10 pension fund provider St James's Place (SJP) receives a grilling in this Sunday Times article, which tells the story of a retired solicitor looking to switch his pension savings to another firm and having trouble "fathoming" the exit fees involved. According to the piece, his total charges turned out to be roughly a third of the £112,000-odd by which his retirement pot had grown over the six years it had been with SJP. Nor was he alone in this, said the article, which found two other SJP clients who were unhappy with the exit charges they were being asked to pa...
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