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 Q4
The Brexit debacle plaguing UK politics shows no sign of abating. It seemed that a significant hurdle had been overcome after the EU declared support for Prime Minister May’s Withdrawal Agreement. However, following the resignation of some of her ministers, and widespread opposition to the Northern Irish Backstop proposals, May delayed a vote on it in Parliament until the new year due to expectations of an overwhelming defeat.
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
Guernsey expects to 'resolve' Woodford stocks row next week
Guernsey's International Stock Exchange says it expects suspension of dealings in Neil Woodford's unquoted stocks to be 'resolved' next week.
Read moreThe Expert View: Unilever, Rentokil and First Derivatives
Our daily roundup of analyst commentary on shares, also including BTG and Cineworld.
Read moreOvernight Markets: industrials lead Wall Street higher
Honeywell International Inc’s stocks rose 3.8% after the company beat earnings forecast amid growing demand for aircraft parts.
Read moreFriday Papers: Stagecoach fumes over leak of bid
And prey could turn predator in Provident Financial and Non-Standard Finance fight.
Read moreSunday Papers: Standard Chartered eyes $1bn buyback
And Edinburgh airport is to be sold this year for as much as £2 billion as its private equity owner aims at soaring valuations for aviation infrastructure.
Read moreSaturday Papers: CIA warning over Huawei
And Qatar and Crown to buy stakes in iconic New York properties on Times Square and Fifth Avenue.
Read more