First comes marriage, then for some couples comes divorce. But a stable marriage is one of the best paths to building and maintaining wealth. Divorce, on the other hand, is expensive. Possessions, money, financial assets and debt acquired during (and sometimes before) marriage are divided between former spouses. Putting a price tag on a divorce [...]
Over three million working couples are classed as 'double income, no option' (DINOs), which means there are potentially financially vulnerable if one of the two loses their earnings. The typical household today looks very different from the traditional image of a working family made up of one primary breadwinner and one homemaker. Instead, nowadays many households rely on two incomes [...]
With New Year fast approaching, now is a good time to take a look at your investment portfolio and maybe even consider making some changes. Carrying out regular portfolio reviews is crucial when considering the suitability of your investments and ensuring that any changes in your attitude to risk are accurately reflected. Over time, your [...]
Here, Tristan Hartey offers some solutions for helping to reduce your beneficiaries’ potential Inheritance Tax bill. 1. Make a Will Making a Will ensures your assets are distributed in accordance with your wishes. This is particularly important if you have a spouse or partner, as there is no IHT payable between the two of you, [...]
Defined benefit pension schemes are where the amount paid to you is set using a formula. This is based on how many years you’ve worked for your employer and the salary you’ve earned rather than the value of your investments. If you work or have worked for a large employer or in the public sector, [...]
Although perceptions are that injury or illness won’t happen to us, the reality is we don’t know what might be around the corner, no matter how healthy we are. Here, Tristan Hartey helps to see why protection is important, especially when you are raising a child, and the types of protection available to you.