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The Morning Briefing: Aberdeen Adviser outflows rise to £1.3bn; SJP cuts ongoing-advice provision to £110m
['Dan Cooper']
Money Marketing
Good morning and welcome to your Morning Briefing for Wednesday 29 July 2026.
Aberdeen Adviser outflows rise to £1.3bnAberdeen’s CEO Jason Windsor said the group was “impatient to go further” after its Adviser business recorded £1.3bn of net outflows during the first half of 2026.
SJP cuts ongoing-advice provision to £110mSt James’s Place (SJP) has reduced its provision for its historic ongoing-service evidence review to £110m as it approaches the final stages of the exercise.
SJP expects to complete the review during 2026 and will return the £82.8m post-tax value of the provision release to shareholders through an additional share buyback.
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