Latest News
& Views
Keep up-to-date with all the latest news about what’s happening at Principal & Prosper, as well as links to the latest news from the financial services world.
Edinburgh Rugby Community Activity in Partnership with P&P
As main club sponsor of Edinburgh Rugby, Principal & Prosper's partnership is going from strength to strength. What’s just as important is the work that is delivered in the community by the Club. Much of this goes on without any coverage but here, at Principal & Prosper, we are passionate about ensuring everyone gets the opportunity to benefit from our partnership, particularly those who wouldn’t normally get the chance.
Learn more"We are passionate about ensuring everyone gets the opportunity to benefit from our partnership, particularly those who wouldn’t normally get the chance."
1872 Cup P&P Community Work
We held a schools tournament on the back pitches at Murrayfield for P6 & P7 pupils to compete for the P&P Cup at half-time during the 1872 Cup, which Chris Purves presented on the pitch.
Learn more"The future is bright with P&P and Edinburgh Rugby Community Work."
Principal & Prosper Become New Main Club Sponsor of Edinburgh Rugby
One of the UK's largest Chartered Independent Financial Advisors, Principal & Prosper, were today unveiled as the new Main Club Sponsor of Edinburgh Rugby.
Learn more“It’s an exciting time for Edinburgh Rugby and it’s an exciting time for our business" - Chris Purves
Quarterly Market Commentary Q2
The European Central Bank (ECB), followed the FED’s lead and indicated that they were willing to provide more support to the economy if necessary. Following some disappointing inflation prints, missing the official target by some way, the ECB suggested that it could implement further monetary easing policies to boost demand. The ECB has stimulated the Eurozone economy in the past by cutting to, and holding interest rates at an unprecedented -0.4%. They have also carried out a large bond buying program to keep market borrowing rates low.
Learn more"Price is what you pay. Value is what you get.” - Warren Buffett
Principal & Prosper Proud to Support Edinburgh Rugby
Edinburgh Rugby and Scotland back Greig Tonks was on hand today, alongside the capital club’s Managing Director Jonny Petrie, to welcome independent Chartered Financial Advisers…
Learn moreChris Purves, Managing Director of Principal & Prosper, said: “We are proud to be supporting Edinburgh Rugby.
Osborne’s Big Budget
The Budget on 8th July was lauded as radical in some quarters but when you look at the detail, I don’t think that it was really much of a surprise writes Darren Scoon. Osborne confirmed a few things that we already knew…
Learn more"Inheritance Tax: probably grabbed the main headlines with the Government introducing a new…"
Darren Scoon (Strategic Business Manager)
Death and Benefits?
Most people aren’t that comfortable talking about death, which is understandable. However we need to talk to you about it. The changes in April to pension’s legislation introduced amongst other things changes to the way benefits are taxed on death. The new legislation now allows…
Learn more"The new legislation now allows individuals to nominate named beneficiaries…"
Stewart Siegel (Director)
Greece finally does a deal but so what?
Greece has been the headline story on the news for a number of weeks and a new economic deal has finally been agreed but so what. Other than a fairly attractive tourist destination most people aren’t really affected by the Greek situation, or are they asks Mark Owen, Investment Analyst.
Learn more"The P&P portfolio allocation is driven by valuation, economic fundamentals and the impact on portfolio risk…"
Mark Owen (Investment Analyst)
Cyber Fraud
In a change from our normal communications we wanted to highlight how Cyber Fraud continues to rise with it now costing the UK economy over £27 billion per year, according to government reports. We continue to be prudent…
Learn more"Cyber Fraud costs the UK economy over £27 billion per year."
Darren Scoon (Strategic Business Manager)
Calendars and Tripods
April saw the biggest, and by far the most popular, changes to pensions ever. Any requirement to buy an annuity – hugely disliked due to the poor levels of income they offer – has been abolished with savers now free to do whatever they like with their pension pots after the age of 55. But to take full advantage of the changes…
Learn more"A 10-point action plan, is in my opinion, 7 points too many."
Darren Scoon (Strategic Business Manager)
The oil price…what is happening?
The price of oil suffered an abrupt and dramatic fall in the second half of 2014. US Crude oil fell from $110 per barrel (p/b) to just under $50 p/b, a decline of greater than 50%. No one foresaw this rapid decline in the world’s most valuable and important commodity. We will discuss what factors led to the dramatic fall…
Learn more"The P&P portfolios are positioned to benefit from improving global economic growth…"
Mark Owen (Investment Analyst)
Citywire: Financial News Feed
Invesco ‘dog’ funds balloon as Woodford casts shadow
Invesco tops Spot the Dog study for fourth time in a row as number of underperforming funds balloon while Woodford funds collapse casts shadow.
Read moreFTSE rises as Jupiter soars on Merian takeover
FTSE 100 edged higher as China's handling of coronavirus eases fears while fund group Jupiter tops 'mid-cap' index on Merian takeover.
Read moreInteractive Investor buys Share Centre for £62m
Shares in AIM-listed Share plc jump 10% on deal to sell Share Centre to acquisitive Interactive in cash and equity deal, its latest move to consolidate the retail broking sector.
Read moreTA Associates takes cut as Jupiter buys Merian for £370m
Jupiter Fund Management has sealed a deal to buy rival Merian Global Investors for £370m in cash and shares substantially below the £550m valuation it fetched in a management buyout two years ago.
Read moreFive shares the pros are buying and selling
Our regular roundup of trades by professional investors, featuring Kingspan, RockRose Energy, Aptitude Software, Victrex and Ramsdens.
Read moreMonday Papers: Shell agrees China deal to bolster green power
And Chancellor Rishi Sunak urged to suspend radical tax shake-up.
Read more