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...The judge in the case, Mr Justice Richard Smith, said CT Group did not have “proper notice of the allegations” and so could not respond in court to what he described as “serious allegations of unlawful behaviour...
...CT Group said the claims had been made “to distract from the merits” of the litigation....
...Advisers at the UK’s biggest wealth manager St James’s Place owe £920mn in business loans through a scheme facilitated by the company that allows them to buy clients from other advisers....
...The amount of underperforming loans extended by St James’s Place to its advisers more than doubled last year, as rising interest rates affected the ability of partners at the FTSE 100 wealth manager to repay...
‘St George’s Day was yesterday’
...Professor Paul Hallwood University of Connecticut, Storrs, CT, US...
...St Vincent’s credo of reinvention continues. ★★★★☆ ‘All Born Screaming’ is released by Virgin Music/Fiction Records...
...Sulmaan Khan Madison, CT, US...
...PZ Cussons is offloading self-tanning brand St Tropez and exploring a sale of its Africa business, after the devaluation of the Nigerian naira and chronic inflation on the continent eroded the group’s profitability...
...Richard WolframOld Greenwich, CT, US...
...Ted Gaffney Waterford, CT, US...
...That place, I feel part of the genesis of it. The best bit of advice I ever received was that most people are just thinking about themselves....
...I have faith that there are large numbers of unpolled voters who will decide that Trump is an unreliable choice to lead the country. Margaret McGirr Greenwich, CT, US...
...Paul HallwoodProfessor of Economics, University of ConnecticutStorrs, CT, US...
...Financial adviser St James’s Place could use some guidance itself — of the legal variety. Otherwise unexceptional full-year results included yet another blow for its shareholders....
...Wealth manager St James’s Place has slashed its final dividend by 78 per cent and said payouts will remain at a fixed level for the next three years....
...The group said it had received a significant increase in the number of client complaints late last year about whether they had received a sufficient level of service, prompting St James’s Place to make the...
...Third, a maturation of financial markets including the spread of derivatives, lower entry barriers and the institutionalisation of emerging markets as an asset class....
...St Patrick’s Day celebrations will ring out around the world next Sunday, as well as in the days leading up to the feast day of Ireland’s patron saint....
...As the share price of St James’s Place began to plummet by almost a third on Wednesday morning, shareholders could have been forgiven for feeling a sense of déjà vu....
...David R Cameron Professor Emeritus of Political Science Yale University, New Haven, CT, US...
...The new chief executive of St James’s Place has said he will conduct a review of every element of the business, as inflows to the group’s products nearly halved last year....
...The number of advisers rose 3 per cent to 4,834....
...Andy Streasick St Paul, MN, US...
...One of the most imposing pieces at the Nomad St Moritz design fair, held last weekend at the Swiss resort town, was, if by sheer bulk alone, a fully made bed....
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