SJP to repay client £75,000 over rogue adviser scheme

Pedro Gonçalves
clock • 2 min read

St James's Place (SJP) has been ordered to repay one of its customers more than £75,000 after a financial adviser working for the business went rogue and convinced clients to put money in a friend's company which ultimately collapsed. According to the Sunday Times,  Philip Cox, who was an adviser with SJP for a decade until May 2019, encouraged around 17 clients to invest £1.35m into Green World Innovations. The company produced cleaning products and was set up by a school friend of Cox's ...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login