St James's Place exceeds expectations

Wednesday 1 November 2006 at 16:00

St James's Place, the wealth manager controlled by the UK bank HBOS, grew sales by 63% in the third-quarter over the same period last year, driven by strong demand for its pensions products.

Sales grew to £85m (€127m) in the quarter while revenues for the first nine months of the year rose 58% - from £156m to £246m.