Market Commentary 2022 – Quarter 3
A look back on markets in Q3, when central banks made clear that their priority is fighting inflation. The Quarter in Summary After a rally in July, both shares and bonds turned lower and registered negative returns for Q3. Any hopes of interest rate cuts were dashed as central banks re-affirmed their commitment to [...]
MPA Listed in the NMA Top 100
MPA has once again been confirmed as one of the best wealth management companies in the UK following our inclusion in the NMA Top 100. Compiled by CityWire and its publication New Model Adviser, the leading publication in the wealth management industry, The NMA Top 100 features the best companies within the UK financial [...]
Adviser Insights… From Independent Financial Adviser, John McCreadie, DipPFS
We recently caught up with Independent Financial Adviser (IFA) John McCreadie to learn more about building a career within finance, why people are the most rewarding part of his job and how it’s never too late to seek financial advice. How did you get into Financial Services? “I came into the industry by accident, [...]
Are unregulated investments too good to be true?
In short, more than likely, yes. We all know the old adage, if it looks too good to be true, then it probably is. However, sometimes, an opportunity comes along that is easy to get carried away with. With a rise in financial scams being reported recently in the Financial Times and people looking [...]
Adviser Insights… From Independent Financial Adviser, Joe McGovern
We spoke with our Independent Financial Adviser (IFA), Joe McGovern, about finding his calling in Financial Services, striking the work-life balance and his passion for helping every age group to meet their financial goals. How did you get into Financial Services? “I guess you could say I took the long way round. I started [...]
How Has the Increase in Government Gilt Yields Affected the Pension Industry?
After the mini budget a couple of weeks ago the financial markets went into a tailspin, essentially due to the level of tax cuts announced and the fact the Government had not explained how they were going to pay for them. Income yields on Government Gilts rose dramatically, meaning the cost of borrowing to [...]
Brewin Dolphin acquisition by Royal Bank of Canada completes with a new brand look
Back in April 2022 we shared the story with you that the Bank of Canada were in the process of purchasing Brewin Dolphin. We have now received official confirmation that the acquisition has been completed and as a result, Brewin Dolphin will now be called “RBC Brewin Dolphin”. Due to the change of ownership, [...]
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 [...]