Month: July 2025

Financial vulnerability post-divorce

The financial divide women face after separation

Women’s incomes are often reduced by half following a divorce, leaving them financially vulnerable. New research indicates that 24% of women struggle to make ends meet, compared to just 16% of men. Nearly one in five (19%) find it challenging to cover essential expenses, a figure nearly double that of men in similar situations. This financial strain can extend into retirement, where women encounter even greater challenges due to smaller pension pots and missed career opportunities.
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Beyond the excitement of wedding bells

Why financial and legal matters matter before ‘I do’

Weddings are undeniably exciting occasions. They signify the union of two lives, the celebration of love surrounded by family and friends, and the symbolic beginning of a shared future. Nevertheless, alongside the romance and joy, weddings are also well-known for two other aspects: significant expenses and meticulous planning. From finding the perfect venue and selecting elegant attire to choosing the ideal cake, every detail demands attention.
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Unlocking greater financial efficiency

An offshore bond provides a tax-efficient wrapper issued outside UK jurisdiction

If you consistently reach your pension annual allowance (£60,000 tax year 2025/26)—which reduces to an amount between £10,000 and £60,000 if you earn over £200,000—you could also maximise your £20,000 yearly Individual Savings Account (ISA) contributions and fully utilise your annual Capital Gains Tax (CGT) allowance. Additionally, offshore bonds offer an extra layer of tax efficiency for those earning over £260,000, where the pension annual allowance may be lowered. These options can be invaluable for effective financial planning.
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