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St James's Place

talexuser · 2019-10-20 12:54:09

This is a story from the Borisgraph that I found hard to believe: A couple took out a life insurance in 1992 in their early 60s Sum assured £110k when both pass on. Over the years the sum assured has increased to £247k, ~two and a half times. The premiums have increased from £329 a year to £19,235 a year, ~58 times! The…

Comments

talexuser Posts: 3,590 Forumite

23 October 2019 at 7:07PM

St James's is under pressure over paying for perks for employees from their huge fees and poor fund performances. Apparently it is reported they cancelled at the last minute the usual reward for hitting targets, employees were angry losing their normal week long cruise among the Greek islands, all expenses paid.

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