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                                        <title><![CDATA[News]]></title>
                                            <description><![CDATA[News]]></description>
                                            <link>http://www.millencapital.com</link>
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                                                <title><![CDATA[Treating Customers Fairly]]></title>
                                                <date>01/08/10</date>
                                                
                                                    <description><![CDATA[Following a recent assessment, the FSA have confirmed that &ldquo;customers can be confident in dealing with Millen Capital, as the fair treatment of customers is central to its culture&rdquo;.&nbsp;]]></description>
                                                                                 
                                                <link>http://www.millencapital.com/news-article.cfm?id=538</link>
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                                                <title><![CDATA[ Barclays Scottish Open Loch Lomond]]></title>
                                                <date>01/07/10</date>
                                                
                                                    <description/>
                                                                                 
                                                <link>http://www.millencapital.com/news-article.cfm?id=539</link>
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                                                <title><![CDATA[BMW Championship Wentworth]]></title>
                                                <date>01/07/10</date>
                                                
                                                    <description/>
                                                                                 
                                                <link>http://www.millencapital.com/news-article.cfm?id=540</link>
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                                                <title><![CDATA[Jamie Donaldson Loch Lomond]]></title>
                                                <date>09/07/10</date>
                                                
                                                    <description><![CDATA[&nbsp;]]></description>
                                                                                 
                                                <link>http://www.millencapital.com/news-article.cfm?id=541</link>
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                                                <title><![CDATA[Liverpool Daily Post : Final Pair of Suites]]></title>
                                                <date>16/06/10</date>
                                                
                                                    <description/>
                                                                                 
                                                <link>http://www.millencapital.com/news-article.cfm?id=542</link>
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                                                <title><![CDATA[Press Release : Millen Capital Golf Signing]]></title>
                                                <date>10/03/10</date>
                                                
                                                    <description><![CDATA[
MILLEN CAPITAL PUTTS PEN TO PAPER WITH GOLF SIGNING
Liverpool city centre based Millen Capital has announced a lucrative sponsorship deal with professional golfer Jamie Donaldson.
The wealth management and financial planning boutique has confirmed it will be backing the 34 year-old European Tour player from Prestbury, Cheshire during the 2010 season.
Donaldson is keen to build on last year&rsquo;s success, when he enjoyed his best ever season, culminating in him finishing a respectable 21st in the inaugural year ending Race to Dubai. This year he aims to win his first European Tour event.
Millen Capital&rsquo;s support will help fund Donaldson&rsquo;s travel and equipment expenses, allowing him to focus solely on golf. The sponsorship, also includes named branding on Donaldson&rsquo;s shirt, which aims to provide international exposure and raise awareness among a core audience of high net worth individuals.
Angus Millen, founder of Millen Capital, said: &ldquo;We&rsquo;re always looking to lend our support to local initiatives and jumped at the chance to support Jamie. He&rsquo;s set to have a very promising year and we&rsquo;re pleased to be able to play a part in helping him progress up the world rankings. &ldquo;
&ldquo;The sponsorship will help fund the considerable annual cost of playing on the premier European tour and will allow Jamie to focus all his attention on golf. In turn, we will benefit from international brand exposure via Jamie&rsquo;s televised events, while extending our network, building contacts and taking advantage of the unique corporate hospitality opportunities the deal presents.&rdquo;
Jamie Donaldson said: &ldquo;I&rsquo;m delighted to be working with Angus and Millen Capital in 2010. Their support and advice, along with that of my other key sponsors, gives me the opportunity to focus 100% on my golf, which is essential if I am to improve upon my decent showing last year.&rdquo;
Millen Capital was founded in 1998 and advises on assets under management of more than &pound;150m. The firm manages portfolios of up to &pound;50m and provides a leading edge investment management service focusing on alternative investments such as SIPPs, Hedge Funds, Exchange Traded Funds, Venture Capital Funds etc for business owners, private clients and pension funds with assets to invest from &pound;250,000.
For further information about this press release, please contact: Jade Mallia T: 0151 239 5007, E: mallia@paversmith.co.uk]]></description>
                                                                                 
                                                <link>http://www.millencapital.com/news-article.cfm?id=556</link>
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                                                <title><![CDATA[Truth About Money - Spring 2010]]></title>
                                                <date>01/03/10</date>
                                                
                                                    <description><![CDATA[


]]></description>
                                                                                 
                                                <link>http://www.millencapital.com/news-article.cfm?id=557</link>
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                                                <title><![CDATA[Truth About Money - Winter 2009]]></title>
                                                <date>01/01/10</date>
                                                
                                                    <description><![CDATA[


]]></description>
                                                                                 
                                                <link>http://www.millencapital.com/news-article.cfm?id=558</link>
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                                                <title><![CDATA[Step-by-step pension guide]]></title>
                                                <date>01/06/09</date>
                                                
                                                    <description><![CDATA[Financial Times
Personal Finance
&nbsp;
Step-by-step guide to pension transfers
Published: June 19 2009 18:56
Last updated: June 19 2009 20:05
One of the biggest threats to efficient pension investing is the high charges applied by some providers. By reducing how
much of your money goes to the pension company and ensuring as much as possible goes into your fund, you could
see a significant improvement in your future benefits and may even be able to retire earlier.
So, if you are setting up a new pension, try to keep the costs to a minimum. If you have an outdated policy, think about
transferring it into a low-cost scheme to help your savings grow more efficiently.
Exactly how you set up a new pension or switch an existing one &ndash; and the time it takes &ndash; will vary depending on the
provider but there are some general steps you can follow.

1. Check penalties
If you wish to transfer an existing pension, first find out how much your current provider would charge you to move.
Even if you have held money with a provider for many years and your funds have not performed well, you may still face
penalties for transferring.
With-profits funds held with life companies, for example, might have transfer penalties and extra charges known as
market value adjusters (MVAs) to make up for weak stock markets. Advisers say it is not uncommon to see these funds
impose transfer penalties of as much as 10-20 per cent of the value.

2. Request a transfer value
The best way to see the full effects of exit charges is to request a transfer value from your existing provider. This will
give an up-to-date valuation of the funds held within the scheme and will break down any transfer fees and other
penalties to be deducted. You should also check whether you are giving up any other benefits, such as a guaranteed
annuity option, which some older-style pensions offer.
The transfer value could fluctuate before you move the pension, depending on what happens with the markets but it will
give a good idea of the amount you will have to switch into a new scheme.

3. Decide on a new scheme
You will need to have an idea from an early stage of the type of pension you wish to set up or transfer to, and which
underlying funds you want to invest in. Think about the kind of investment choice you want and how you can achieve
this in the most efficient way.
Stakeholder pensions cap annual fees at 1-1.5 per cent but tend to have a limited investment choice. Basic low-cost
self-invested personal pensions (Sipps) &ndash; provided by companies such as Hargreaves Lansdown, Sippdeal, part of AJ
Bell, and Standard Life &ndash; may cost less. These are usually free to set up and do not have annual charges. They offer a
range of underlying funds and the annual cost depends on which you choose. Hargreaves Lansdown says someone
investing in an HSBC tracker fund within its low-cost Sipp would pay just 0.27 per cent in charges per year. Other funds
and more sophisticated investments will have higher charges.

4. Calculate if it is worth moving
Once you have the transfer value from your existing provider and an idea of where you want to switch to, you can
assess whether the move makes sense. If you have long enough before you retire, it could still be worth switching to a
lower-cost pension even if you will have to pay large penalties to do so.
Ask your provider for a projection of benefits at retirement if you were to remain in the same funds. The new provider
should be able to provide a comparison based on your new funds.
&ldquo;Investors need to look at what their new pension scheme is likely to deliver in terms of performance,&rdquo; says Billy
Mackay, marketing director at AJ Bell. &ldquo;If they are paying large penalties, they have to be expecting their new funds to
significantly outperform to make up for the charges.&rdquo;

5. Apply for your new pension
Once you have decided which pension to open, the process should be straightforward. Some low-cost Sipp providers
require you to go through an adviser, but others, including Hargreaves and Sippdeal, let you apply online.
You will have to complete an application form, which will include details of any funds you want to transfer. The new
company will contact your old provider to request the transfer. Your existing company will issue discharge forms that
you will have to sign.

6. Make the switch
Once your existing company has confirmation that you wish to transfer elsewhere, it should release the funds. Advisers
say this process can be done in just a week or can drag on for months, depending on the provider. If you are moving
from a closed life company, it could take longer and advisers suggest you keep chasing the company to move your
money.
You have very little control over the precise day when the switch will take place so, if you are concerned about market
timing, you could ask for your funds to be moved into cash in advance.

7. Reinvest your funds
Your funds will be deposited into your new scheme in cash and you will then have to move them into your chosen
investments. You can do this in one go or invest over a period of time to smooth out market swings.]]></description>
                                                                                 
                                                <link>http://www.millencapital.com/news-article.cfm?id=559</link>
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                                                <title><![CDATA[Autumn Newsletter]]></title>
                                                <date>01/10/08</date>
                                                
                                                    <description><![CDATA[2008 is proving to be the most volatile year for global investment markets in a generation.
Saturday&rsquo;s FT Money headline stated &ldquo;Prepare to buy as markets near low, say advisers.&rdquo; As I write this on Monday morning 15th September,
Lehman Brothers, founded in 1850, has just gone into administration.
So who are we to believe? More importantly, is it relevant to the big picture?
Investment markets, regardless of the underlying asset class, will always move in a cyclical way, moving up then down before moving up again. That is life. That is the way it has always been.
What has the biggest impact on when we will become financially independent, and in doing so be able to do the things we really want to do
with our lives, is not whether one asset class beats another, or whether one fund outperforms its competitor, but how much we actually save.
What&rsquo;s the point of complaining about equity markets, the credit crunch, Gordon Brown etc if we are only saving 1/5th of what we
need to save in order to maintain our lifestyles at our chosen retirement age? It&rsquo;s a meaningless debate.
So, that&rsquo;s one of the reasons Millen Capital has recently made a significant investment in the best piece of financial planning software available to UK financial planners today.
The ultimate result for those who come through our new process will be to potentially become financially independent significantly quicker than they would have done without their new, improved financial plan in place.
I look forward to introducing you to this new service in the coming weeks.]]></description>
                                                                                 
                                                <link>http://www.millencapital.com/news-article.cfm?id=560</link>
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                                                <title><![CDATA[FT: Passive Fund sector ticks all the boxes]]></title>
                                                <date>19/01/09</date>
                                                
                                                    <description><![CDATA[FT: Passive Fund sector ticks all the boxes
Click HERE to view]]></description>
                                                                                 
                                                <link>http://www.millencapital.com/news-article.cfm?id=561</link>
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                                                <title><![CDATA[FT: Investor Flight to ETFs]]></title>
                                                <date>12/01/09</date>
                                                
                                                    <description><![CDATA[FT: Investor Flight to ETFs
Click HERE to view]]></description>
                                                                                 
                                                <link>http://www.millencapital.com/news-article.cfm?id=562</link>
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                                                <title><![CDATA[FT: Institutions ready]]></title>
                                                <date>13/01/09</date>
                                                
                                                    <description><![CDATA[FT: Institutions ready
Click HERE to view
&nbsp;]]></description>
                                                                                 
                                                <link>http://www.millencapital.com/news-article.cfm?id=563</link>
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                                                <title><![CDATA[FT : Pension Funds set to flee equities]]></title>
                                                <date>10/11/08</date>
                                                
                                                    <description><![CDATA[FT : Pension Funds set to flee equities
Click HERE to view]]></description>
                                                                                 
                                                <link>http://www.millencapital.com/news-article.cfm?id=564</link>
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                                                <title><![CDATA[Truth About Money - Winter 2010]]></title>
                                                <date>01/12/10</date>
                                                
                                                    <description><![CDATA[


]]></description>
                                                                                 
                                                <link>http://www.millencapital.com/news-article.cfm?id=568</link>
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                                                <title><![CDATA[Truth About Money - Autumn 2010]]></title>
                                                <date>01/09/10</date>
                                                
                                                    <description><![CDATA[


]]></description>
                                                                                 
                                                <link>http://www.millencapital.com/news-article.cfm?id=569</link>
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                                                <title><![CDATA[2011 Annual Pension Contribution Changes]]></title>
                                                <date>01/02/11</date>
                                                
                                                    <description><![CDATA[

]]></description>
                                                                                 
                                                <link>http://www.millencapital.com/news-article.cfm?id=570</link>
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                                                <title><![CDATA[Truth About Money - Spring 2011]]></title>
                                                <date>01/03/11</date>
                                                
                                                    <description><![CDATA[Truth About Money - Spring 2011
Click here to view .PDF file]]></description>
                                                                                 
                                                <link>http://www.millencapital.com/news-article.cfm?id=573</link>
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                                                <title><![CDATA[Millen Capital resign Jamie Donaldson]]></title>
                                                <date>07/02/11</date>
                                                
                                                    <description/>
                                                                                 
                                                <link>http://www.millencapital.com/news-article.cfm?id=574</link>
                                                <guid ispermalink="true">http://www.millencapital.com/news-article.cfm?id=574</guid>
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                                                <title><![CDATA[Truth About Money - Summer 2011]]></title>
                                                <date>01/06/11</date>
                                                
                                                    <description><![CDATA[
Truth About Money - Summer 2011
Click here to view PDF file
]]></description>
                                                                                 
                                                <link>http://www.millencapital.com/news-article.cfm?id=575</link>
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                                                <title><![CDATA[Truth About Money - Autumn 2011]]></title>
                                                <date>01/09/11</date>
                                                
                                                    <description><![CDATA[Truth About Money - Autumn 2011
Click here to view PDF file]]></description>
                                                                                 
                                                <link>http://www.millencapital.com/news-article.cfm?id=576</link>
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                                                <title><![CDATA[Millen Capital Golf Day 2011]]></title>
                                                <date>22/09/11</date>
                                                
                                                    <description><![CDATA[&nbsp;
The annual Millen Capital Golf Day took place on 22nd September at Royal Birkdale, with European Tour Professional Jamie Donaldson offering a golf clinic to the players in advance of the competition. Jamie offered advice on how to take on the challenges of links golf and negotiate the windy conditions that&nbsp;lay ahead.
Jamie preceeded to guide the players around the course by playing a&nbsp;few holes with each 3 ball. Matthew Nelstrop eventually prevailed as the winner in a very tight Stableford Competition.
Some images of the day can be found below.
&nbsp;]]></description>
                                                                                 
                                                <link>http://www.millencapital.com/news-article.cfm?id=577</link>
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                                                <title><![CDATA[Millen Capital raise funds for Help for Heroes]]></title>
                                                <date>29/09/11</date>
                                                
                                                    <description><![CDATA[Investment Manager raises &pound;3,300 for Help for Heroes
&nbsp;
Founding Partner of boutique wealth management firm Millen Capital, Angus Millen, recently completed a 3 part self imposed sporting challenge to raise money for Help for Heroes, raising &pound;3,300 in the process.
&nbsp;
Angus completed the Liverpool Half Marathon in March, the Coniston 16.8 Half Marathon in April and finally last month&rsquo;s Liverpool Triathlon and through the superb support of his friends, clients and contacts smashed the &pound;1,000 target he had set for himself.
&nbsp;
&lsquo;The amount donated illustrates peoples&rsquo; connection with and support for our injured servicemen and women. If this money helps ONE injured soldier then it was all worth it. In addition, if completing this challenge raises the profile of H4H here in the business and professional community in Liverpool then that can only be good news.&rsquo;
&nbsp;
If you would like to make a donation to Help for Heroes then please go to http://www.justgiving.com/Angus-Millen
&nbsp;

&nbsp;
]]></description>
                                                                                 
                                                <link>http://www.millencapital.com/news-article.cfm?id=578</link>
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                                                <title><![CDATA[Truth About Money - Winter 2011]]></title>
                                                <date>09/12/11</date>
                                                
                                                    <description><![CDATA[Truth About Money - Winter 2011
Click here to view PDF file]]></description>
                                                                                 
                                                <link>http://www.millencapital.com/news-article.cfm?id=579</link>
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                                                <title><![CDATA[Truth About Money - Spring 2012]]></title>
                                                <date>01/03/12</date>
                                                
                                                    <description><![CDATA[Truth About Money - Spring 2012
Click here to view PDF file]]></description>
                                                                                 
                                                <link>http://www.millencapital.com/news-article.cfm?id=580</link>
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                                                <title><![CDATA[Seed Enterprise Investment Schemes]]></title>
                                                <date>19/03/12</date>
                                                
                                                    <description><![CDATA[Below is an extract from the Financial Times (19/03/2012) about the soon to be launched Seed Enterprise Investment Schemes
]]></description>
                                                                                 
                                                <link>http://www.millencapital.com/news-article.cfm?id=581</link>
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                                                <title><![CDATA[Active V Passive investing]]></title>
                                                <date>17/03/12</date>
                                                
                                                    <description><![CDATA[Below is an article from the Financial Times (17/03/2012) about the merits of passive investing
]]></description>
                                                                                 
                                                <link>http://www.millencapital.com/news-article.cfm?id=582</link>
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                                                <title><![CDATA[Additional Rate Tax Relief pre April 2013]]></title>
                                                <date>24/03/12</date>
                                                
                                                    <description><![CDATA[Below&nbsp;are two&nbsp;articles from the Financial Times (24/03/12) about the benefits of additional rate tax relief to pensions.
&nbsp;


&nbsp;]]></description>
                                                                                 
                                                <link>http://www.millencapital.com/news-article.cfm?id=583</link>
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                                                <title><![CDATA[Expansion of EIS qualifying companies]]></title>
                                                <date>24/03/12</date>
                                                
                                                    <description><![CDATA[Below is an article from the Financial times (24/03/12) regarding EISs
]]></description>
                                                                                 
                                                <link>http://www.millencapital.com/news-article.cfm?id=584</link>
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                                                <title><![CDATA[More Index Linked Gilts Required]]></title>
                                                <date>26/03/12</date>
                                                
                                                    <description><![CDATA[Below is an article from the Financial Times (26/03/12) regarding lack of supply of Index Linked Gilts
]]></description>
                                                                                 
                                                <link>http://www.millencapital.com/news-article.cfm?id=585</link>
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                                                <title><![CDATA[Gilts Yiels on the Rise?]]></title>
                                                <date>31/03/12</date>
                                                
                                                    <description><![CDATA[The article below is from the Financial Times (31st March 2012) regarding Gilt Yields
]]></description>
                                                                                 
                                                <link>http://www.millencapital.com/news-article.cfm?id=586</link>
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                                            <item>
                                                <title><![CDATA[The Value Of The Hedge Fund Industry]]></title>
                                                <date>30/04/12</date>
                                                
                                                    <description><![CDATA[Please click here to access the latest report from KPMG on the Hedge Fund industry.]]></description>
                                                                                 
                                                <link>http://www.millencapital.com/news-article.cfm?id=587</link>
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