News

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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! [...]

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 [...]

On Friday Rishi Sunak, the Chancellor announced a huge range of financial packages to help businesses large and small and employees in what is now termed a war footing against this hideous disease. He has promised to protect employees wages for 80%, up to a maximum of £2500 per month to stop companies laying [...]

Yesterday we had Boris announcing more and more measures, both monetary and practical. They have said they will do whatever it takes. Markets were positive yesterday and up as I write today. (9.21am) I hear Martin Lewis was offering practical advice on TV last night when worried investors were writing in saying they had [...]