Wednesday, March 24, 2010

2010 UK Budget

 The chancellor delivered the UK budget yesterday. As was voiced by the conservative party it was a bland budget designed for an imminent election.


The most shocking change was a hefty tax on strong cider, hardly earth shattering unless you are one of the south western constituents preparing to oppose this hike or perhaps on the current Magners drinking band wagon everyone seemed to be on in the UK last summer.

Of more relevance to my audience is the freezing of the IHT tax limit at £325,000 for the next four years, despite a reported 3% inflation rate, this has obvious detrimental effects to British Domiciled persons.

The other change of note was the alteration of stamp duties, raising duty to 5% on £1m + homes and a temporary abandonment of the duty altogether on homes of less than £250,000 for the next two years. Good news for first time buyers then.

Of course none of this even scratches the surface of the real implications of spending cuts and stealth taxation.  Higher earners and businesses being hit hard, companies national insurance contribution going up 1% next year, no changes in personal allowances for any earners despite inflation, higher earners losing personal allowances and facing 50% tax post £150,000 income and higher earners again being hit by pension relief cuts.  No wonder there are so many expats.





Read more: http://www.dailymail.co.uk/news/article-1260474/Budget-2010--15bn-tax-raid-didnt-mention.html#ixzz0jAEvnJjm

Tuesday, February 16, 2010

Olympic Luge Tragedy

I wanted to pay respect to Nodar Kumaritashvili who tragically lost his life last week whilst practicing for the luge finals in Whistler at the Vancouver Olympics.

My thoughts and prayers are with his family.

Congratulations to Felix Loch who went on to win the Gold medal for the event which was dedicated to the 21 year old Georgian.

Friday, February 12, 2010

Gong Xi Fa Chai : Happy Chinese Ney Year

Chinese New Year takes place 14th / 15th February and we will enter the Year of the Tiger
Gong Xi Fa Chai!

Thursday, February 11, 2010

Explore India Event

http://www.creamcounsel.com/events.php

Meyado Private Wealth Management Appoints Managing Director

Meyado Private Wealth Management Pte Limited, based in Singapore, today announced the appointment of Mark Paine as managing director.


Mark has been a member of staff at Meyado for almost twenty years and his appointment endorses the experience and commitment Mark has brought to the organisation.

Mark Paine joined Meyado Frankfurt in 1993 as an advisor. Over the past 17 years he has worked in Europe, the Middle East and was appointed managing partner of Singapore in 2007.

Commenting on the appointment, Mark Paine said,

“I am very happy to have taken on this role which enables me to develop further the Asian operations of Meyado. I am very excited about the scope for development of our Private Wealth Management solutions throughout South East Asia, commencing with the immediate development of the Singapore operation.

“In addition to our current offering, we have some new unique and beneficial solutions to offer our existing and new clients which we will be rolling out over the coming weeks.”

-ENDS-

For further information contact:

Gug Kyriacou, Polhill Communications

Tel: +44 020 7655 0550

E-mail: g_kyriacou@polhill.com



Mark Paine, Meyado Private Wealth Management

Tel: 6538-3538

Email: markpaine@meyado.com



Notes to Editors:

About Meyado

Meyado provides independent Private Wealth Management advice to over 5,000 clients worldwide. Originally founded in Frankfurt in 1993, they are licensed by the Financial Services Authority in the United Kingdom and the Monetary Authority in Singapore. Global operations include Singapore, London, Frankfurt, Dubai, Sao Paolo and Madrid.

Tuesday, February 9, 2010

2010 Year of the Tiger

http://www.creamcounsel.com/cream_column_business_invest.shtml

Press Release : MEYADO LAUNCHES LIFESTYLE BENEFITS PROGRAMME

Meyado Private Wealth Management, headquartered in London, is partnering with Cream Counsel to launch the Cream Card to it’s clients, bringing a new level of meaning to “boutique financial advisory”. Designed for the lifestyle of Meyado clients in mind, the Cream Card offers a bespoke concierge service, benefits and preferential treatments with a select group of merchants, and privileged access to a variety of business, social, and networking events throughout the year.


“The Cream Card allows us to provide our clients with unsurpassed services we aim to deliver as a boutique financial advisory”, says Mark Paine, Managing Partner of Meyado. “The Card’s concierge help desk gives clients the full service attention they need as busy international executives, while supporting our Advisors who are able to focus on delivering the results our clients expect”.

The benefits of the Cream Card include:

• Use of Cream Concierge, powered by a team of personal assistants who help with everything from arranging for a limousine service for a next meeting with a Meyado Advisor, recommending and securing a restaurant reservation for a business lunch, confirming the departure time of an upcoming business trip, or making an appointment for a 2-hour escape from work at a renowned spa.



• An extensive array of benefits including privileged access and year round discounts with merchants catering to the lifestyle needs of business executives. Participating merchants include premium men’s tailors, specialised wine merchants, boutique gyms, and fine dining establishments.



• Exclusive invitations to events ranging from social and networking events to business and investment seminars to keep clients updated on a constantly changing business environment.

The launch of the Cream Card is another of Meyado’s efforts to reward valued clients for their loyalty, and provide distinctly personalised service in an increasingly competitive marketplace.

- Ends -

For further information, please contact:

Mark Paine

Meyado Private Wealth Management

Tel: 6538-3538

Email: mark.paine@meyado.com



Lindsay Goh,

Cream Counsel

Tel: 6595-0870

Email: lindsay.goh@creamcounsel.com



About Meyado

Meyado provides independent Private Wealth Management advice to over 5,000 clients worldwide. Originally founded in Frankfurt in 1993, they are licensed by the Financial Services Authority in the United Kingdom and the Monetary Authority in Singapore. Global operations include Singapore, London, Frankfurt, Dubai, Sao Paolo and Madrid.

Tuesday, January 26, 2010

Back to Basics

I wrote this article a year or so ago but it still holds true today - as should any strategic plan - cut and past the link below into your browser to view the pdf file.

http://mycpf.cpf.gov.sg/NR/rdonlyres/C489AD64-048E-4B46-B709-00EB7707F44B/0/023024_Meyado.pdf

Monday, January 11, 2010

British Chamber of Commerce Singapore Breakfast Club : Microsoft Presentation by Andrew Pickup

How Listening Closely To Customers Helped Microsoft Design, Develop & Launch Windows 7 – And Get Its Mojo Back !

An interesting presentation by Andrew Pickup, chief marketing officer for Asia Pac on how Microsoft use electronic channels to market and research product, specifically Windows 7.

The talk focussed on how they use channels such as Twitter, Blogger, Face Book etc to research and promote their product around the world.

The event was sponsored by Meyado Pte.

http://www.britcham.org.sg/index.php?action=showEventDetails&eventID=226

Thursday, January 7, 2010

Second Reuters Article on Money Control



"Private banks should be worried, but if you look at the size of the market there`s enough to go round," Meyado`s managing partner Mark Paine said. "Even if we only take five percent of what the banks have, it`s enough for us to operate -- it`s a question whether the banks are sensitive to that."


CLick on the post title to link to the full article

Reuters Article Mentions Meyado Singapore



...Meyado Private Wealth Management, headquartered in London, says its "assets under influence" have grown exponentially and sees this continuing.....


Click the title above to follow the link to read the whole article.