ICR313: You need to do these things when you get divorced
In this episode of the podcast, I’m talking about getting divorced. Not an uplifting topic for conversation, I know, but an important one, especially from a financial planning perspective.
I’ll be sharing a few of the most important financial things you need to do when you get divorced.
There’s also a roundup of the latest personal finance news; I answer a listener question about whether to invest in one go or drip-feed money into investments; and there’s the aftershow where I talk about what we’ve been up to at Informed Choice this week - the week that saw the arrival of…the Beast from the East.
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Personal finance news
-Average property price growth has slowed in the UK in February, according to the latest survey from Nationwide Building Society. Prices rose by an average of 2.2% last month, slower than January’s growth of 3.2%.
-New figures from HM Revenue & Customs show tens of thousands of mothers with young children face a permanently reduced state pension. This is according to Royal London who are highlighting the impact of changes to the Child Benefit system introduced in 2013 for higher income couples.
-Microsoft founder Bill Gates has warned of the dangers of cryptocurrency during an “Ask Me Anything” session on Reddit.
-The Financial Conduct Authority (FCA) has published its final policy statement on new rules for the credit card market. The FCA estimates the changes will save consumers between £310 million and £1.3 billion a year in lower interest charges.
-Citizens Advice has responded to the introduction of the Domestic Gas and Electricity (Tariff Cap) Bill to Parliament. This bill will impose a temporary total cap on the cost of all default tariffs.
Useful links
-Chartered Financial Planner warns of ‘deepfake’ scams
-Chartered Financial Planner launches media business
-CII hires Bamford Media for podcast production
-Insuring Women’s Futures event
Get answers to your personal finance questions
Do you have a personal finance or investing question for Martin?
Email [email protected] or ask on Twitter @martinbamford.
You can call our dedicated podcast voicemail line on 020 8144 2745 with your question or visit www.icradio.co.uk/voicemail to leave an online voice message.
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