pensions advice Archives - Philip J Milton & Company Plc

Are you losing money to your ‘savings’ account?

Philip J Milton & Company Plc — Wed, 09 Oct 2024 09:00:00 +0000

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 […]

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Who needs financial advice? Can you afford not to?

Philip J Milton & Company Plc — Wed, 02 Oct 2024 09:00:00 +0000

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 […]

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Sterling effort, investment and taxes

Philip J Milton & Company Plc — Fri, 30 Aug 2024 15:45:37 +0000

The US Dollar’s the lowest against Sterling since April 2022. That’s a 20% ascent for Sterling since the Sept 2022 low. It has been weaker these last few weeks as it is expected that interest rates will be cut even though US inflation readings are mixed. Currency volatility can work for you or against you […]

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

Philip J Milton & Company Plc — Wed, 24 Jul 2024 09:00:00 +0000

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 […]

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Half of those who withdraw from their pension ‘take no advice’

Philip J Milton & Company Plc — Wed, 19 Jun 2024 09:00:00 +0000

We’ve said it before, but would you attempt to remove the engine from your car if you weren’t a skilled mechanic? Or perhaps fix your plumbing pipework without any practical plumbing skills? No you wouldn’t. Even if you watched YouTube videos and read online ‘how to’ guides, you would not be as informed or skilled […]

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Please think twice and don’t become a scam victim

Philip J Milton & Company Plc — Wed, 12 Jun 2024 09:00:00 +0000

There is more to being a wealth management service than looking after clients’ pension pots or seeking good investment opportunities on their behalf. Many times over the years we have been in business, we have found that we are a crucial barrier to our clients being scammed. ‘Of course that won’t be me!’ exclaims the […]

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State Pension booster scheme extended – but not forever

Philip J Milton & Company Plc — Fri, 23 Jun 2023 14:14:28 +0000

Pensions are back in the headlines again with the news the deadline to ‘boost’ your State Pension by as much as £55,000 has been extended. The booster plan from HMRC gives people the opportunity to buy the equivalent of up to 10 extra years’ of state pension if they have gaps in their National Insurance […]

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