What's New In Investments, Funds? - SJP

Editorial Staff

30 August 2019

St James’s Place
St James's Place, has expanded its offering of an online cash deposit platform to clients with a minimum of £50,000. After it launched a platform in 2017 provided by London-based fintech Flagstone, St James’s Place has now rolled out this offering to all its 4,096 qualified advisors.

The cash platform was previously available to private individuals, small- and medium-sized enterprises and charity clients with a minimum of £250,000 to deposit, but it will now also offer a service to private individual UK-resident and domiciled clients with a minimum of £50,000 in savings.

The Flagstone platform gives online access to more than 550 deposit accounts from more than 30 UK banks and building societies, said.