Women stay on lower rungs of corporate ladder

Published by Daily Telegraph, 23rd November 2020

The pay gap has widened among those earning over £1 million as women are still missing out on top roles, a new study has found.

Women now account for just over 11 per cent of executives paid in excess of £1 million a year, down from 12.5 per cent in 2016/17, according to Bowmore Wealth Group.

Progress ‘stalls’ in closing pay gap

Published by Daily Express, 21st November 2020

Progress in closing the gender pay gap between men and women with an annual salary of at least £1 million has stalled, a new study has suggested.

Women now account for 11.1 per cent of those paid in excess of £1 million a year, down from 12.5 per cent in 2016/17, according to Bowmore Wealth Group, the integrated wealth manager.

Plenty Of Room For Mid-Tier Wealth Management

Published by WealthBriefing, 9th November 2020

By some estimates, about 90 per cent of the UK investment advisory market is controlled by around 10 businesses. It is within the remaining 10 per cent that some firms believe they can carve out a different type of service.

One of those is the Bowmore Wealth Group, a mid-size family-run UK firm that wants to develop a one-stop wealth planning and asset management business that can deliver the sweet spot between highly personal services and economies of scale.

While a new round of industry consolidation is at the mercy of a pandemic that is shifting more than disappearing, it hasn’t stopped issues of low interest rates, crunched fees, and varying degrees of digital adoption success from forming pontential new alliances behind the scenes.

Joint or sole account – the importance of talking it through with your other half

The global pandemic has presented unique challenges to us all, re-enforcing the need for couples to sit down and talk about their finances.

Many individuals often leave their financial arrangements, which can at times be hugely complicated, solely to their other half to organise. But should anything go wrong, this could leave one partner in a potentially vulnerable and troublesome position.

Four stocks that have lost half their value but fund managers are still buying

Published by The Telegraph, 30th October 2020

Thirty FTSE 350 firms have lost 50pc of their stock market value in the past year but professional investors are still buying them.

What do they know that we don’t, and should retail investors follow suit?

Bowmore Wealth Group, a wealth manager, compiled the “50pc club” list and then Telegraph Money spoke to professional stock pickers and asked them which companies they are backing to bounce back.

How could COVID-19 affect our taxes?

Speculation on tax changes dominates the news at present. Our clients are wondering how tax changes could affect them and what they might need to do to prepare. Nothing is certain at this stage but here are some of the areas where we might see change, other areas where change is much less likely.

There has been talk of taxing residential house price growth, but we expect this would be a very unpopular move. This is because inheritance tax already targets residential house price growth as, for most people, their house is their largest asset.