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SJP board re-elected at AGM

St James’s Place’s board has received the seal of approval from shareholders at the wealth management giant’s annual general meeting.

Conservative party life peeress Baroness Wheatcroft will take on a more detailed non-executive position with St James’s Place that will see her overlook workforce engagement.

Wheatcroft was first appointed as a non-executive director in 2012.

Minutes from the advice giant’s annual general meeting this morning show 99 per cent of voters were in favour of her re-election.

Chair Iain Cornish has also been formally re-elected to the board for the first time since taking over the position last August.

SJP chief executive Andrew Croft, managing director Ian Gascoigne, chief financial officer Craig Gentle and senior independent non-executive Roger Yates will also remain on the board.

Minutes from the meetings also show the directors voted in favour of re-appointing PwC as official auditors.

A day in the life of an SJP adviser

Elsewhere, SJP is continuing to grow assets passed the £100bn mark despite a slight dip in Q1 this year.

The firm also recently passed the 4,000 mark for qualified financial planners, confirming it as the country’s largest adviser, employing one in every six in the UK.

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