2021 Autumn Budget – What does it mean for you?
On Wednesday 27 October, the Chancellor Rishi Sunak delivered his autumn budget. In what many are calling a spending spree rather than a spending review, the Chancellor announced a series of measures designed to strike a balance between “preparing a new economy post-Covid” and ensuring that households do not bear the brunt of rising [...]
Market Commentary 2021 – Quarter 3
Highlights Developed market shares were flat (in US dollar terms) in Q3. Declines in September erased prior gains. Emerging Market Equities underperformed amid a sell-off in China. Global Sovereign bond yields were little changed in the quarter. The US Federal Reserve said it would soon slow the pace of asset purchases. Commodities gained with [...]
A Trio of Retirements at MPA
For the first time since the pandemic struck, the MPA team gathered on Friday to enjoy a rather special night out! Making it through the worst (fingers crossed) of the pandemic would have been enough of a reason…but the fun filled occasion was held to celebrate the retirement of Eddie Ball, Debbie House and [...]
IO Personal Finance Portal Essential Maintenance
As part of the ongoing modernisation of its application platform and operations, Intelliflo (IO), the company behind our clients’ Personal Finance Portal (PFP), has advised us that it will be carrying out essential maintenance this weekend. From the evening of Friday 10th September to the evening of Sunday 12th September, the PFP will be [...]
Standard Life Rebrands to abrdn
You may have noticed in the media recently that some changes are taking place within the Standard Life group as it transitions to a single global brand, abrdn - pronounced Aberdeen. Over the next 12 months, “Standard Life” communications and its savings and investments platforms will be rebranded to become abrdn Wrap. The changes [...]
Marie Kelly Knocks them for Six at The Hundred
If you are a keen cricket fan and longstanding MPA client, you may have recognised a familiar face on your TV screens over recent weeks…former MPA Graduate Trainee Marie Kelly. We were so proud to see Marie doing what she loves best…playing cricket for Birmingham Phoenix in The Hundred! A hugely talented player, Marie [...]
PruFund Unit Price Reset Results in 5.66% Increase for MPA Clients
Following its quarterly review, PruFund has announced that the Expected Growth Rate (EGR) for its range of funds will remain unchanged this quarter end (25th August). PruFund has not applied any Unit Price Adjustments (UPAs) this quarter but has instead applied a Unit Price Reset (UPR), resetting the ‘smoothed price’ to the ‘unsmoothed price’. [...]
Phil celebrates 25 years at MPA….
On Wednesday this week, all the staff at MPA threw Phil a surprise 25th anniversary gathering at the MPA Offices - What a fantastic afternoon! With a few weeks of planning and secret conversations with Emma, his lovely wife, we managed to organise food, drinks, balloons, decorations and staff to arrive at the office [...]
RL360 report of fraudulent bank account – BE VIGILENT!
We have today been contacted by RL360 confirming that they have been made aware that a fraudulent bank account has been opened in RL360'2 name with TSB. RL360 are in the process of liaising with the relevant authorities and TSB to investigate further and to arrange for the account to be closed. Please be advised [...]