Philip J Milton Archives - Philip J Milton & Company Plc

What does the banking crash mean for us?

What is it about March and crises affecting the financial markets? So Credit Suisse, one of the bastions of the Swiss banking industry has been swallowed by UBS and with a big write-down for its shareholders and 100% losses for those with the riskiest of its bonds. The reverberations appear to be continuing. ...

Silicon Valley Bank crash – what does it mean for us?

In view of last weekend’s news, I thought I had best issue a swift update on how we see things. At least today the US has announced that core inflation is still dropping – 6% as opposed to 6.4% so that’s good news too. The bad news is the collapse of SVB – Silicon Valley...

Accreditation, investments & good news

The Association of Investment Companies has introduced a new form of accreditation for advisers. It is training which explains how investment companies quoted on the markets differ from their ‘open-ended’ brethren which most investors are sold and explains the advantages and possible disadvantages. AIC launches Investment Company Accreditation In its first week,...

What is the cost of retirement?

Have you considered how you will manage when you retire? Unfortunately, many people don’t and a recent study has shown the amount needed to have a ‘comfortable’ retirement is increasing. According to data from the Pensions and Lifetime Savings Association, the minimum cost of retirement is up by about 20% from 2021 to 2022. That means...

UK tax boost and healthy investments

So we’re told the Chancellor had £31billion more in tax receipts in January than he expected. So much for forecasts… who’d like to forecast how many forecasters predicted that? It may be very controversial to say so, but Liz Truss and Kwazi Kwarteng were the closest but that’s another story (and their problem was...

Spring investments

Spring is in the air! It’s really lovely to see the days drawing-out and some sunshine back. Snowdrops have been lovely this year and the daffodils and other bulbs will be out soon. It’s a year now since Russia invaded Ukraine and we can but hope and pray that something resolves soon over that...

Careful investment and risk

How awful the recent earthquake in Turkey and Syria is. Our prayers and hopefully support go out to those devastated communities not only facing what they have lost but also at a bitterly cold part of the year and for Syria, already reeling from the Civil War there and not recovered. So...

Capital Gains Tax window is almost closed

Time is running out for anyone who wants to make use of the current £12,300 Capital Gains Tax allowance before it plummets to £6,000 at the start of the new tax year this April and then to just £3,000 from April 2024. CGT is a tax on the profit a person makes when they sell...

New Year rally

Well, welcome to the highest ever levels for the FTSE100, what a pleasant ‘Father Christmas’ (well New Year) rally. The thing is, our market isn’t dear so the levels are nothing about which to be worried either. The same week also saw not the Bank of England Governor’s wish (he said wrongly in public...

We’ve done better than most for our clients

Good day! Isn’t it nice to see the days draw-out already! Despite rain and the storms, spring and summer are coming!In the 3 Jan Financial Times the headline read ‘Wealth Industry battles one of the worst years for a century’. How did we fare? It noted a ‘double-digit drop in stocks and bonds’...

What does the banking crash mean for us?

Silicon Valley Bank crash – what does it mean for us?

Accreditation, investments & good news

What is the cost of retirement?

UK tax boost and healthy investments

Spring investments

Careful investment and risk

Capital Gains Tax window is almost closed

New Year rally

We’ve done better than most for our clients

Risk Warning

Find us on Facebook

Recent Tweets

Philip J Milton & Company Plc

Financial Ombudsman Service