Pension and divorce pitfalls, over-payment of student loans and an overdraft fee warning - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …
Retired and getting divorced? These are the extra pitfalls you need to know about More people are getting divorced in retirement, writes the Telegraph, but with retirees' finances often more entwined than younger couples' it is harder to avoid financial pitfalls. The four big issues retired divorcees face include: splitting their pension pots, inheritance tax planning, will rewriting and sorting out property. Addressing one of the main complications - splitting the pension pot - the Telegraph explains the three ways to do so: give the whole fund to one person and compensate the othe...
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