Adviser's client accidentally saves £5,000 in jam jars

'Forgot' about extra cash

Sophie King
clock • 1 min read

An advised client has accidentally saved £5,000 by putting change into jam jars over several years.

Philip J Milton Chartered financial planner Felix Milton told PA his client "forgot" about the extra cash in his house. In a meeting on Monday (6 January), the client confessed to Milton he had not told the adviser about his cash savings because he had forgotten he had money stashed away in a selection of jam jars at his home.  According to Milton, the client recently decided to count up one jar, which totalled £300. All the jars were the same size and just as full, and when added together it totalled "at least £5,000". The client, who is now 83-years-old, told Milton he started putti...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Former Titan Wealth employee sentenced to community order for harassment

Former Titan Wealth employee sentenced to community order for harassment

Okunola handed 100 hours unpaid work and two-year restraining order

Sahar Nazir
clock 19 September 2025 • 1 min read
PA Awards 2026: Last chance to enter today!

PA Awards 2026: Last chance to enter today!

Celebrating the best in financial planning and advice

Professional Adviser
clock 19 September 2025 • 1 min read
Feel Good Friday: Quilter partners to help Armed Forces community become advisers

Feel Good Friday: Quilter partners to help Armed Forces community become advisers

Wealth manager partners with White Ensign Association and Forces Transition Group

Professional Adviser
clock 19 September 2025 • 1 min read