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    Tag: Director

    PM+M announces 20 promotions across the firm

    Posted on by Georgia Flatley

    Blackburn and Bury-based PM+M – the chartered accountancy, business advisory and financial planning group – has made 20 promotions across the firm.

    The most senior appointments are Samantha Whittle who has been made a director in the financial planning team; and Kathryn Rigbye who is now a director in the people team.

    Other promotions include two new senior advisers: Mohammed Patel (accounting and advisory) and Steven Flores (cloud accounting). Six people have been promoted to adviser level. They are: Freddie Park (tax), Muneebah Pathan (payroll), Tyler Morton (cloud accounting), and Dylan Howorth, Benedict Smith and Afeefah Panchbhaya (audit, accounting and advisory).

    Another six team members are now supervisors: Nicola Day (accounting and advisory), Ellie Morton (risk and compliance), Paula Blurton (cloud accounting) as well as Georgina Russell, Rebecca Nuttall and George Gibson who all specialise in audit, accounting and advisory work. Whilst Luke Irving is now a manager in the cloud accounting team, and Declan Bateson is a financial planning trainee adviser.

    The final promotions are in the marketing and business development team. Helen Buchan is now a manager, and Rebecca Campbell is an assistant manager.

    Helen Clayton – managing partner – said: “Myself and the rest of the senior leadership team always look forward to this time of year when we announce the latest tranche of promotions. Every single one is hugely deserved and are a result of hard work, talent and dedication. Our mission to make PM+M a place where our people can excel and reach their full potential remains as strong as ever.”

    Introducing Dan Bowles, our new audit, accounting + advisory director!

    Posted on by Katie Heaton

    We’re delighted to announce that we have recently bolstered our audit, accounting + advisory team following the appointment of Dan Bowles as a director.

    In his new role, Dan will be leading a mixed portfolio of audit and non-audit clients operating across a diverse range of industries.

    The audit team, of which Dan will be a key member, work with all types of clients from large corporations to SMEs and not-for-profit organisations, across a variety of sectors, providing tailored advice on all manners of audit, assurance, and advisory matters. Dan will strengthen the team and support their growth plans, closely collaborating with colleagues across all departments and playing an integral part in developing PM+M’s reach right across the North West.

    Dan has worked in the finance sector for 23 years. He joins PM+M after working for his previous employer for 21 years and in 2016 he became the firm’s audit compliance principal.

    Chris Johnson, partner at PM+M, said: “Daniel has a fantastic pedigree in accountancy practice, so we are delighted that he is now part of PM+M. His dedication to delivering a first-class service for his clients really resonated with us and we are confident that he will add huge value to our clients and our own business.”

    Dan commented: “My whole career has been about working with managing directors and business owners to help them develop their companies. My new role at PM+M felt like a great opportunity to do that in a forward-thinking and innovative organisation. My focus is now firmly set on delivering for my clients and helping PM+M achieve its vision of being the best North West firm of finance professionals.”

    As a director or business owner, are you aware of all your pension options?

    Posted on by Katie Heaton

    Although most are fully aware of the more traditional personal pension options, as a director or business owner, there could be further options to consider for maximising your retirement savings. Two options which are often considered are a Self-Invested Personal Pension (SIPP) or a Small Self-Administered Scheme (SSAS).

    Self-Invested Personal Pension

    A Self-Invested Personal Pension (SIPP) gives you the ability to invest in a wider range of investment options (within the rules of the SIPP provider). Your pension can be used to invest in stocks and shares, invest in collective investments as well as commercial property.

    A business owner is also able to purchase their business premises within their SIPP and then rent it back. This option gives you greater control over your future, unlocks higher potential returns than standard savings accounts, and may benefit from tax reliefs.

    Small Self-Administered Scheme

    A Small Self-Administered Scheme provides all of the investment avenues and potential benefits of a SIPP but there are a few differences.

    With a SSAS you and up to 10 others can also provide a loan facility back to your company. With a SSAS assets are pooled and members hold a proportionate percentage based upon their contributions or assets transferred into the pension.

    The benefits of the SSAS are three-fold: as well as establishing a diversified investment portfolio, you are also able to provide affordable financing for your business, which can help with day-to-day running costs or even help accelerate growth. Also, the sponsoring employer can pay the SSAS fees.

    Summary

    As with any investments, the level of return is never guaranteed, and it is essential to seek advice based on your individual circumstances to ensure any decisions you make are in your best interest. The complex nature of both the above pension structures and the rules that must be carefully followed mean that they are not always suitable for everyone.

    For further information on the above pension options or for more general financial advice, get in touch with a member of our financial planning team today by emailing enquiries@pmm.co.uk or calling 01254 679131.

    A comment to note that the article does not constitute personalised advice and that advice should be sought before taking any action.