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 martin@icfp.co.uk 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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