Pension income not being a requirement of the divorce agreement

A report made by Age Uk has claimed that a number of women in retirement who are divorced are losing out on a vast amount of money and assets. Unless a divorce is taken to court, it is not a requirement to know a spouses pension value, and therefore married couples do...

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A lack of SME leaders have succession plans in place

According to research, a succession plan has not been put into place by 64% of small businesses within the UK. 1,002 responses were polled by small business lender Aldermore. The majority of these responses shown that decision-makers had not put a plan in place that...

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Reducing stress by regular saving

A study made by Lloyds Bank shows that 46% of people suffering with stress and anxiety is triggered by issues related to personal finances. Comparatively, prior to being asked, 74% of regular savers said they were happy over the month. More than half of those who come...

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Over 50’s feel a lack of support from employers

According to research, 2/5 workers over 50 are feeling a lack of support from their employers in terms of their career aspirations. 2,497 adults were surveyed and 44% of the over 50’s explained that when it comes to their future objectives and ambitions, they feel...

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Rules on resolution of business disputes to be changed

The Financial Ombudsman Service (FOS) is an independent service that works to enable certain businesses and individuals resolve disputes between financial service businesses. Following a recent report, the FOS have been challenged by MPs as to whether or not disputes...

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Parents urged to take up tax-free childcare

Parents are being encouraged to take advantage of the government's tax-free childcare scheme to help manage childcare costs over the school holidays. YouGov polled 334 parents of children aged 16 and under on behalf of HMRC, and found that 31% felt stressed trying to...

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Skills shortages hamper exporters

Exporters are struggling to recruit the right staff as a result of labour shortages, a report by the British Chambers of Commerce (BCC) has shown. In a survey of more than 3,300 exporters, the BCC found that manufacturers were worst affected, followed by the services...

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1 in 3 expect 6-month wait for inheritance

More than a third of people underestimate the time it might take to receive their inheritance, according to research from Co-op Legal Services. In a survey of 2,000 UK adults, 37% said they expect to wait 4-6 months to receive their inheritance. In reality, the...

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