Wealth and Asset Management
SJP defends loan levels by stating adviser defaults are 'low'
St James's Place lends only on the basis of 'cautious' loan-to-value to advisers, stating that its models are "proven". It takes a number of measures to keep defaults low, with its latest set of accounts showing that over the past decade only 0.05 per cent of loans were not repaid….
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Click here to read the full story: FT Adviser