Fear and Greed…
8th April 2020 'The Greatest Fear is that of the Market Going Up and Not Participating in the Rise Rather Than The Market Going Down' This is an article from Brewin Dolphin regarding the markets and the fear and greed index. The markets have rallied a little in the last few days, but the [...]
Terry Smith: Coronavirus doing to markets what it’s doing to people…
3rd April 2020 One of our most popular individual funds we use is the Fundsmith Equity fund. It’s a very concentrated fund with 29 stocks and managed by Terry Smith. He set the fund up 8 years ago and it now managers c£18BN and is a global equity fund that focuses on quality company’s [...]
DB Scheme Funding and Investment: COVID-19 Guidance for Trustees…
Update from The Pensions Regulator (TPR) The TPR have issued an update to Trustees of Defined Benefit Pension Scheme (final salary schemes) that focuses on what they should do during this present crisis. Part of the guidance is around transfers out of DB schemes which may affect some of our clients. Trustees should give [...]
Protecting your Wealth…
Well, the first weekend is over since the announcement of the lockdown and it is incredibly quiet on the roads which shows that people are heeding Government advice about self isolating. The stock market was down -6% on Friday and was giving back some of the gains made during the week. Currently the FTSE [...]
Covid-19 Self-employed Income Support Scheme Information
During yesterdays update, Rischi Sunak announced that a scheme has been set up to support the UK's self-employed affected by the Coronavirus outbreak. Please see details of this below: This scheme will allow you to claim a taxable grant worth 80% of your trading profits up to a maximum of £2,500 per month for [...]
Daily Update – 26th March 2020
Markets were slightly up yesterday with the expectation that the US would finally agree their financial package, which they did in the early hours. However, hot on the heels of that the US announced 1000 deaths from Covid 19 so we will see how that will play out today. Currently FTSE 100 is flat [...]
Finance Related Information for Employees and their families…
Sarah Marrett, our Human Resources Consultant , has provided us with some information below, which some people may find useful. The information provided is designed to provide signposting for employees to help them manage their own finances during the COVID-19 pandemic. The UK Government has announced a package of benefits in recent weeks. Employees [...]
After Lockdown a market bounce…
Yesterday saw the worst death toll in the UK with 87 confirmed dead by Coronavirus and the first day of lockdown. We have closed the office except for post opening and scanning. As I said yesterday, the phones and emails will be answered remotely by the staff at MPA who have all been fantastic! [...]
Government Announces Lockdown…
Im sure you all saw last night that Boris Johnson has ordered all non essential shops and offices to close to ensure that we all self isolate and slow the spread of disease. In light of this we will also be closing the office from today. I bought more laptops yesterday so all the [...]