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SJP results impacted by £426 mn ongoing service evidence provision

News Team, 28/02/2024

St James’s Place (SJP) has reported a stable cash result in its full year results for 2023.

Its pre-tax underlying cash result stood at £483.0 million, a slight dip from the £485.5 million reported a year earlier.

However, the total cash result dropped from £410.1 million to £68.7 million as a result of the Ongoing Service Evidence provision that we have established.

As part of this, the firm has set aside £426 million following a review into its evid...


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