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St James Place Partnership
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ColdIron said:Reputable companies should not cold callMy time in a cold-calling factory for SJP partners where we were told to lie1
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Apols, didn't realise it needed registering. Worth doing though as CityWire is a good source of investing information
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Osborneonenil said:Another issue with SJP, that many investors may not be aware of, is how difficult they can be to deal with when administering an estate - providing valuations and tax info required by the executors and release of funds after probate has been granted.
If we all boycotted companies on the basis of poor customer service then none of us would open any accounts or invest money with any organisations of course but from my experience of dealing with estates, the two that stand out and that I would always avoid are SJP and Barclays.
(From personal experience, the other company on that list are Ryanair but that's for a different discussion.)
Now we are starting to find this out. MIL bought an "international bond" 20 years ago to release money to help with potential IHT after her death. A genuinely nice man sold it to her, but then retired. None of us knew enough to avoid this situation. Now she's deceased, it's beginning to emerge. You cannot do anything without going through a "partner". We'll see.
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