St. James’s Place believes in treating all our stakeholders fairly. We also believe in the benefits to be gained from building long-term relationships based on mutual trust.
Many of our key suppliers have been associated with the Group for a number of years as a result of focusing on building long-term relationships; we have been able to cultivate very strong and mutually beneficial relationships, such as our providers for outsourced administration services: IDFS, Capita and State Street.
We expect all our suppliers to act in accordance with the standards embedded in our culture, and will undertake due diligence on new service providers to ensure we are comfortable with their approach to socially responsible management.
So much so that in 2014, we were accredited with the Living Wage Foundation, which involved us working closely with our supply chain.
St. James’s Place has always placed great reliance on the support of third party suppliers and the continued success of our business reflects, amongst other things, our success in cultivating and managing successful relationships with suppliers.