We have separate Advice, Product and Fund charges, so you can see what you pay for each of the services we provide.
We believe financial advice has one simple purpose: to help you live the life you want, both now and in the future. Whether it’s growing your wealth, securing your retirement, or protecting what matters most, we’re here to help you plan with confidence.
The initial advice charge is what you pay for receiving advice based on the total amount you choose to invest. The amount you pay may vary depending on the choices made. For example, if our advice does not result in an investment, there is no charge for that advice. The ongoing advice charge applies each year and covers ongoing suitability reviews and ongoing support.
The product charge is what you pay for your account to be administered. What you pay depends on which product you hold, for example whether you hold a pension or an ISA.
The fund charge is what you pay for the management and oversight of the fund in which you are invested. The amount varies by fund.
The advice charge is applied in bands:
3% on the first £250,000
2% on the next £250,000
1% on any amount over £500,000
Our total ongoing charges are expressed as annual rates shown as follows:
0.80% - based on the value in your account(s). There are no initial product or fund charges.
0.27% - Unit Trust accounts & ISAs. 0.35% - Pensions & Investment Bonds. This is based on the total value in your accounts and reduced on a tiered basis for large investments. There are no initial product or fund charges.
0.09 - 0.69% This range applies to the majority of SJP’s funds. There are no initial product or fund charges.
The total cost of a portfolio of funds will depend on the combination of funds you hold in your account.
The summary of all SJP's individual fund and portfolio charges are shown here.
As an example, the fund charge for Polaris 3 is 0.52%. The total ongoing charge for this fund including the cost of the advice, product and fund charge would be 1.59% (ISA) or 1.67% (Pension).
The product charge is tiered and reduces based on the amount you have invested across your products with SJP. The benefit of this reduction is shown in the table on the right.
If you hold more than one product, the discount is applied evenly across all your eligible products.
Transaction costs occur when a fund’s manager buys or sells assets within the fund.
These are not charges, but rather your share of the inevitable external costs, such as stamp duty and bid/offer spreads on individual shares, that are incurred whenever assets are traded. The level of these costs is variable since it depends on the number and nature of the transactions made.
Information on the level of estimated transaction costs is available here.
The value of an investment with St. James's Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested.