July 2023 - Philip J Milton & Company Plc

Replacing your State Pension could cost a fortune

Recent news the State Pension booster scheme has been extended until 2025 is very welcome, but did you know it could cost you a small fortune to replace the full State Pension if you’re not eligible for it? Data from sharingpensions.co.uk published in June has shown it would cost just over £205,430 of pensions savings...

Kinder markets and when to move?

I took a couple of days’ break to attend our Daughter Esme’s graduation and the markets were good to us and there’s now one more NHS Doctor. Perhaps I need to take more time away if it helps so many of our investments rise in value...! It is interesting however – we try our hardest...

Savings accounts are costing you money, says new report

A new report has revealed the shocking low level of investment in shares by the general public, with most people preferring to savings in cash – which hurts their bank balances and the nation as a whole. Did you know there is £1.8 TRILLION sat in cash savings accounts around the country? That sounds good,...

Probate delays adding extra costs for bereaved families

Families are seeing potential extra costs due to delays of up to several months before probate is granted after a death – but there are some things you can do to keep the costs down. A grant of probate is a legal requirement for anyone handling the estate of a deceased person, before any inheritance...

Gilts, Sterling recovery and markets

So the UK Government has sold the most expensive Gilt since 2007, paying 5.668% till redemption in October 2025. That is significantly higher than the rates which were applying only a few years ago. Unless inflation abates (and wage figures today don’t help) then the cost of servicing the National Debt will rocket and...

The early bird gets the pension payout

We have said it before, but it’s never too early to start planning your retirement – research released this week has shown those who save into a pension in later life will be significantly worse off, despite earning a higher salary. Analysis by Standard Life found those who started pension savings between the ages of...

Odd markets, bubbles and opportunity

The markets have been continuing their sideways negativity, with some situations suffering ‘death by a thousand cuts’, as sentiment remains disillusioned. There are a few brighter spots this week, which is good but it’s easier for the marketmakers to mark things in red to try to drum-up trade than give optimism for the near...

Replacing your State Pension could cost a fortune

Kinder markets and when to move?

Savings accounts are costing you money, says new report

Probate delays adding extra costs for bereaved families

Gilts, Sterling recovery and markets

The early bird gets the pension payout

Odd markets, bubbles and opportunity

Risk Warning

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Philip J Milton & Company Plc

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