Have you invested
with St. James's Place
in the last 11 years?
If so, you could be due a refund worth thousands. Even if your investment has performed well.
Check your EligibilityWhy make a St. James's Place claim?
Many St. James's Place (SJP) clients have paid regular, and sometimes excessive fees, for an annual review service they did not receive. These investors could now be due compensation.
If you've had investments with St. James's Place since 2013, you could be entitled to thousands in compensation. SJP has set aside £426 million to address service shortfalls, with up to 100,000 clients potentially eligible for refunds. Over 10,000 people have already submitted compensation claims to SJP and you could be next.
Find out if you could be entitled to St. James's Place compensation using our simple online eligibility checker.
Why use TLW Solicitors to make a claim
No-win, No-Fee
Proven track record
Personal & professional
support
Excellent client care
Nationwide service
Simple & seamless process
No-jargon
SRA regulated
Why use TLW Solicitors to make a claim
No-win, No-Fee
Personal &
professional
support
Nationwide
service
No-jargon
Proven track
record
Excellent client
care
Simple & seamless
process
SRA regulated
About TLW solicitors
TLW solicitors is a regulated UK law firm passionate about consumer justice. As a forward-thinking, client-orientated legal firm, TLW is always in your corner and pledges to recover the maximum compensation possible on your behalf. With a fantastic client care and satisfaction rating from its many happy clients, TLW solicitors will help you claim what you are owed with empathy and professionalism. For added TLC, you can rely on TLW Solicitors.
What does no-win, no-fee mean?
Our specialist lawyers work on a no-win, no-fee basis, meaning you won't pay a penny unless we win your claim. There are no sign-up fees or hidden charges. If successful, a success fee—typically 30% of your compensation—will be deducted from the amount awarded to you before you receive it.
What happened at St. James's Place?
Investors with St. James's Place typically pay a 0.5% fee on their managed assets for an annual review. However, up to 100,000 clients were charged for services they never received. Following increased complaints and regulatory pressure, SJP has set aside £426 million to cover expected client compensation claims related to fees for 'ongoing advice' that was not provided.
Many SJP clients remain unaware they were paying this fee. If you've been an SJP client since 2013, you may be entitled to compensation.
In addition, SJP faces further scrutiny over allegations of investment mis-selling. Legal experts believe some SJP advisers pushed clients into unsuitable, high-risk investments or misrepresented potential returns. Many SJP clients have also been hit with substantial fees and locked into investments with costly exit penalties, limiting their ability to transfer funds elsewhere. Investigations into SJP's practices are ongoing.
Can you make a claim against St. James's Place?
If you have invested with SJP, you may be entitled to thousands of pounds in compensation, even if your investment seems to be performing well. You might have a claim if:
You paid an on-going advice fee for a service you did not receive
Your SJP adviser didn't give you all the necessary information before investing in a new pension or investment scheme
You were advised to invest in a scheme that was not suitable for you
You were given inaccurate information regarding your investment's performance expectations
You have seen significant fee increases since investing with SJP
You have lost money on your SJP investments
You have been unable to move your investments due to lock-ins and high exit penalties