Weekly Columns Archives - Page 2 of 22 - Philip J Milton & Company Plc

What will happen in the October Budget?

At the end of this month the Chancellor will unveil the first UK Budget under Labour in almost 15 years and there is a great deal of uncertainty as to what might be in it. Chancellor Rachel Reeves will present her first budget to the House of Commons on Wednesday, October 30 at around 12.30pm. With...

Are you losing money to your ‘savings’ account?

Shocking recent figures have shown that more than 250,000 adult cash savings accounts with £10,000 and above deposited in them are earning 1% or less. This is despite a growth in savings rates and relatively high interest rates over the past two years and frankly it shouldn’t still be happening, but it is. We typically aim...

Who needs financial advice? Can you afford not to?

There was a timely reminder of the invaluable advisory and guidance interactions we have with so many of our clients when two senior investment professionals noted they too have advisers, when many might assume they ‘can’t need them’. Perhaps we don’t blow our own trumpet enough in reminding clients how valuable our assistance to them...

Interest rates remain static – will this affect you?

Interest rates are set to remain at 5% until after the Government’s Budget at the end of October. The Bank of England confirmed on Thursday (September 19) the rate would remain static, with inflation remaining stubbornly at 2.2% and above the ‘magic’ 2% target. At its latest meeting, the bank’s Monetary Policy Committee (MPC) voted by...

Then and now: 39 years and counting

August marked the 39th anniversary of Philip J Milton & Company, so we thought we’d take a short look back at what has changed and some momentous 1985 events. Founder Philip Milton was born and bred in North Devon - he left school aged 16, joined one of the leading high street banks locally and...

Great British ISA plans will not be allowed to hatch

Plans for the ‘Great British ISA’ have been shelved before they were hatched, sadly. The idea was unveiled in the previous Government’s final Budget (as it turned out) earlier this year by the then-Chancellor Jeremy Hunt. The scheme would have allowed savers to invest an extra £5,000 into London-listed equities on top of the existing £20,000...

Don’t get fined if you have to complete a tax return this year

Self-assessment Tax Returns are a pain for the self-employed and increasingly for many modest investors who may not have realised they need to complete one – with many more fines being issued as a result. A Freedom of Information (FOI) request from City platform AJ Bell notes has found that 3.6million people are due to...

What is a good investment opportunity right now?

People often ask – quite rightly – what we do for our clients and what kinds of investment opportunities we seek out, using our decades of industry knowledge, so this week, we introduce you to one such! It seems so much can be caught up in the noise that sometimes, a great opportunity to invest...

Don’t become an ‘advice gap’ statistic and lose out

We’ve talked before of the dubious choice of investors trying to ‘go it alone’ and of the value of sound independent advice across all manner of financial needs. So it is worrying that the numbers of people who sought financial advice last year dropped to only 9% apparently, a drop of 18% on the year. Research...

The King’s speech and ‘pensions shake-up’

It’s some three weeks since the election and the new Government has unveiled a raft of measures in its first King’s speech, including some wide-ranging changes to pensions. The Pension Schemes Bill is being hailed as a win for savers with an estimate it could put an extra £11,000 into retirement pots. In short, workplace pension...

What will happen in the October Budget?

Are you losing money to your ‘savings’ account?

Who needs financial advice? Can you afford not to?

Interest rates remain static – will this affect you?

Then and now: 39 years and counting

Great British ISA plans will not be allowed to hatch

Don’t get fined if you have to complete a tax return this year

What is a good investment opportunity right now?

Don’t become an ‘advice gap’ statistic and lose out

The King’s speech and ‘pensions shake-up’

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