DB Transfer Values Have Fallen Dramatically in 2022
Have we seen the end of the market in Final Salary or Defined Benefit (DB) Pension Transfers? Probably yes and its all down to rising interest rates. The biggest contributor to the calculation of a DB transfer are interest rates. To be precise that means gilt yields as they are used in 3 stages [...]
How has the Mini Budget Affected Investments?
After the mega giveaway in the mini budget on Friday 23rd September 2022, it is safe to say that the various investment markets have not reacted favourably to the raft of tax changes and dash for growth that Kwasi Kwarteng announced. The bond markets have fallen, alongside the pound and the UK Stockmarket has [...]
September 2022 ‘Mini Budget’
Friday 23rd September saw Kwasi Kwarteng unveil his first (“mini”) budget in his new post as the Chancellor of the Exchequer. According to Kwarteng, the Governments priority is economic growth - this message being backed up with the introduction of a series of tax cuts, aimed at encouraging growth both at home and from [...]
MPA featured in This is Money
Tackling the often tricky subject of equity release, MPA's very own Independent Financial Adviser, Chris Wheeler, featured on popular money advice website, This is Money, over the Summer. With concerns about previous poor financial management an anonymous reader was worried about their 70 year-old parents taking out equity release for home improvements and holidays, without [...]
Office Closure – Monday 19 September
As a mark of respect we will be closing our office on Monday 19th September to observe Her Majesty The Queen's Funeral. We will be open as normal on Tuesday 20th September 2022. Our thoughts remain with the members of the Royal Family at this difficult time.
HM Queen Elizabeth II 1926-2022
Like millions of people across nation, we are saddened by the passing of Her Majesty Queen Elizabeth II. She was an inspiration to many, and a constant in our lives for generations. We thank her for her service and dedication to our Country.
Adviser Insights…From Independent Financial Adviser, Ann Baguley, DipPFS
We took some time to talk to Independent Financial Adviser (IFA) Ann Baguley, DipPFS about a second career after IT and understanding the complexities of funding care in later life. How did you get into Financial Services? “After a career in IT, ascending to management, I’d got to a point that I didn’t feel that [...]
Investment Markets in 2022… A Tough First Half but is it all Bad News?
Don’t get me wrong this year has been extremely tough in investment markets across the globe. Inflation is the biggest issue along with supply chain issues, rising interest rates and certainly rising energy costs. With this backdrop investment portfolios have taken a bit of a pounding. Most portfolios have a blend of equities and [...]
MPA urge their clients to be vigilant…
Security is very important to us at MPA Financial Management Limited and we would like to remind all our clients to be vigilant. We have recently been made aware of a scam within our industry whereby fraudsters purporting to be from the Financial Conduct Authority (FCA), or law enforcement, are targeting clients of investment [...]