The Sunday Times this weekend has St James’s Place firmly in its sights, leading with “Champers and safaris: the secret diary of an SJP adviser”.
Next, the paper goes on to describe how St James’s Place advisers have to bring in £150,000 from clients this year to win a place on the company’s next annual jaunt, described as a “business trip”: a cruise around the Balearic islands on a luxury liner chartered for the exclusive use of SJP’s star performers.
A third article is simply titled ‘SJP seems culturally bankrupt’.
Elsewhere they report that star stock-picker Terry Smith has vowed that his flagship fund will never invest in unquoted companies following the scandal over rival manager Neil Woodford.
They also note that the best savings deals are disappearing after just 72 hours following a summer slump in rates.
The Sunday Telegraph reports the HMRC glitch that means middle earners are taxed as if they earn £100k.
They ask if Morgan Sindall could follow Carillion into oblivion; they reckon its cashflows suggest not and make it their share tip.
They also recommend a portfolio which can ‘Corbyn-proof’ your investments.
The Mail on Sunday tells us that Neil Woodford is digging himself DEEPER into a hole, as two experts examine the fund’s interim report covering the six months to the end of June.
They also advise how to give kids a pension leg-up; if a family saves £240 a month for 18 years, they could get a £600k piggy bank.
While they speculate that many airlines won’t survive, they are confident Ryanair will, as its biggest shareholder backs it to bounce back from its current malaise.
