St James's Place has said there will be no changes for its Asia and Middle East offerings despite the overhaul of its fee structure in the UK.
A spokesperson for the £158.6bn international wealth giant told sister publication International Investment: "The changes announced today for 2025 do not directly impact products in Asia and the Middle East." The firm further confirmed that there would be no changes to these international products, which would continue to have the early withdrawal charges and were subject to the local regulatory rules. Its announcement today (17 October) is widely seen to be responding to pressure by UK regulators by overhauling its UK charging structure, set to come into effect during the second hal...
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