There is much more to report from Bowmore HQ this month. We have been in the press once again; plus, new reports from the Bowmore team’s sporting endeavours.
Bowmore in the press
CEO Mark Incledon in IFA Magazine
Bowmore’s research into the recent 35% increase in Capital Gains Tax (CGT) receipts has been published by IFA Magazine.
Our CEO, Mark Incledon, was quoted saying, “These numbers show how the government has already been targeting CGT for increased tax revenues over the last few years – in particular through a greater tax on entrepreneurs selling their businesses.”
“The concern would be that the government continues to use this route to fill its deficit.”
You can find the full story on the IFA Magazine website.
Jill Ellicott in IFA Magazine and Financial Planning Today
Chartered financial planner Jill Ellicott was quoted this month in IFA Magazine and Financial Planning Today, both of which report that pension sharing orders have jumped by 17% in a year. This increase is reported to have occurred as a result of more divorcees realising the value of their pension, and ensuring they retain this valuable asset upon separating from their spouse.
Speaking to IFA Magazine, Jill says, “While the classic question of ‘who gets the house?’ has long defined the financial aspect of divorce proceedings, it is clear pensions are becoming a hotly contested issue.”
Jill goes on to say, “Working together with a Financial Planner such as myself, [who can] help clients to understand the assets available, and how they may be split, means that you can go to a solicitor with the basis of an agreement, which should save time and money.”
You can read the full IFA Magazine and Financial Planning Today stories online.
In addition to her press accomplishments this month, Jill Ellicott has also achieved sporting success!
Jill is the captain of Bowmore Asset Management’s netball team, who won their game against Krypton on 16 March.
Jill also won the “Player of the Match” award. Congratulations to Jill and the whole team, and good luck in your next game!
Mark and Duncan continue their training for the epic Ride for Precious Lives
As you may have read in previous months, two of the Bowmore team, Mark Millet and Duncan Harvey, are training for a charity bike ride this July.
The Ride for Precious Lives is a 225-mile cycle in aid of Children’s Hospice South West (CHSW), a charity providing invaluable support to seriously ill children and their families.
Mark and Duncan have already battled the winter winds and been tested by illness and are back with another update on how their training is going as we enter the spring months.
Words from Mark Millet
“March has been another month where we’ve had to push ourselves to cover more and more miles.
“Last Saturday we completed just under 50 miles. In the image, you can see our route around the south Cotswold area, with a lovely stop at Sherston for a ‘refuel’ at the pub!
“After a suitable ham, egg and chips, we continued our adventure during the lovely, sunny afternoon.
“While cycling back down the old Fosse Way to Grittleton, you realise what a lovely country we live in. It was nice to get home, though!
“We are planning some shorter midweek rides and extending the distance up to 70 miles at the weekend.
“Fundraising has been excellent, and we have now agreed that Bowmore will match all sponsorships, so please feel free to contribute and monitor the Strava on the JustGiving page.”
An update from Amanda at Children’s Hospice South West
“Final preparations for the Ride for Precious Lives 2022 are well underway.
“Firstly, the route has been finalised! This year’s event will see our cyclists take on an incredible challenge of 225 miles over 3 days, visiting our three hospices across the South West. The ride will start on Friday 8 July at Charlton Farm in Bristol, and end at Little Harbour in St Austell on the Sunday. Friday is an “easy” day with 70 miles, then the next two days will see the cyclists taking on just over 77 miles each day! No small challenge.
“Our team of cyclists are hard at work training and fundraising, and we are hoping to raise £180,000 through the event.
“It’s such an incredible challenge, great fun, but lots of hard work too. Emotions will be up and down as our cyclists go the distance. Mark and Duncan are hoping you will dig deep to support their adventure, just as they will have to dig deep over the weekend to get up those hills!
“All the funds raised will ensure we can continue to be here, supporting families going through the most unimaginable of times however and whenever they need us.”
How you can help raise money for Children’s Hospice South West
If you would like to sponsor Mark and Duncan as they continue training for the Ride for Precious Lives, you can donate via the JustGiving page or use your phone to scan the QR code below.
Bowmore will match any donations made, so any amount you can donate could make a huge difference to seriously ill children and their loved ones.