News:

Following on from the recent appointments of Martin Tyson & Alison Pickup, we are pleased to welcome Rupert Fenton to Maunby as an Investment Manager. With over 30 years’ experience in the personal investment management industry, Rupert has a wealth of knowledge and expertise in investment management and stockbroking and is looking forward to joining the team at Maunby.  

Maunby is pleased to announce the appointment of Martin Tyson as Investment Manager.  With over twenty years’ experience of managing multi asset portfolios for families, charities, companies and trusts, Martin is a valuable addition to Maunby’s growing team, following closely on the heels of Alison Pickup, who joined Maunby in 2020. We are also delighted to announce the appointment of Nicola Crowther, who joined us at the end of June as a Part-time Settlements Officer.  Nicola has extensive experience in middle management retail, and we look forward to picking up some useful tips from a colleague who has trained outside the financial services sector.  

It is with great sadness that we have heard of the recent death of Richard Clough. Richard was a non-executive director of Maunby between September 2014 and January 2018 at a key period of Maunby’s development, and his sage advice was greatly appreciated. We would like to take this opportunity to express our sympathy to his family, who have lost a remarkable husband, father and grandfather. He will be sorely missed.

The recent budget has given a reprieve for those with latent capital gains, as the rate of tax was left unchanged.  The budget clearly showed that the Chancellor will continue to support the economy and is content to postpone any policies required to pay for it.  This sends a clear message to the economy and voters alike that the Government will do whatever is required to support growth as we begin to put the pandemic behind us and push on with our post-EU future. In a change to usual practice, certain tax consultations and calls for evidence traditionally published on Budget Day will now be published on 23 March 2021, a date it is referring to as ‘Tax Day’. We…[more]

Amongst the many traditional annual events that has been postponed due to Covid is the Budget. Chancellor Sunak’s first one is now due on the 3rd March, and we are interested to see what it will bring. There has been much comment in the media about income tax, national insurance (a second income tax in all but name) and VAT being left alone, but there has been talk of rises in CGT and Corporation Tax. From an economic viewpoint, raising taxes while simultaneously indulging in reflationary Keynesian policies demonstrates a degree of incoherence, but there are other considerations that just economics at play here. We do think that some taxes could rise, but we also think that there will be…[more]

We wish everyone a Happy New Year, and we hope 2021 will be a more prosperous one than its predecessor. Although 2019 seems a long time ago, the rollout of vaccines over the first half of 2021 should allow us a degree of unaccustomed freedom as we approach the summer holidays – we are looking forward to them very much, as are our families. We hope that the changes over the next six months will improve the quality of everyone’s lives as we emerge from our rather unnatural off-on cocoon.