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What St. James's Place Said About A Disabled MS Patient — On Their Own Recorded Lines

These are not allegations. These are recordings from inside SJP. Their adviser. Their system. Their words.

They're actually vulnerable and they're financially, I would say, destitute.
Jonathan Seifert, SJP Adviser — 5 March 2026 — SJP recorded telephone line
He's calling me again, the client. Honestly. The grief he has given me is unbelievable.
Jonathan Seifert, SJP Adviser — 20 March 2026 — the same day my father was told his pension could not be located
I've just had enough… it's not your fault, the system is broken… it's super painful.
Jonathan Seifert, SJP Adviser — describing his own firm's internal systems — SJP recorded telephone line
The client has realised his stupidity… and carelessness in (cancelling the annuity).
Jonathan Seifert, SJP Adviser — referring to a disabled MS patient — SJP recorded telephone line

What Happened

My father Ragesh is 63 years old. He has severe Multiple Sclerosis. He is entirely wheelchair dependent. His SJP pension is his only income.

In August 2025 he instructed St. James's Place to set up a pension annuity. Ten months later it still has not been done.

During those ten months SJP told him on two separate occasions that his pension funds could not be located. SJP's own final response dated 29 May 2026 confirmed both statements were incorrect.

For seven months SJP provided no communication about whether his life savings existed.

His MS Clinical Nurse Specialist at Imperial College Healthcare NHS Trust has confirmed in writing that he is suffering a neurological relapse directly caused by the stress of SJP's conduct.

SJP offered him £5,000.

The Documents

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This website contains factual information about complaint RSP/105502 against St. James's Place Wealth Management PLC. All quotes are from recordings obtained through a Subject Access Request under UK GDPR. This website is operated by Karan Thakrar on behalf of Mr Ragesh Thakrar.