Divorce is an unpleasant subject and difficult for everyone involved, particularly any children. Yet, of course, it happens and you need to be able to not only navigate the minefield of emotions and stress involved but also the finances too. What will happen to the family home? What about the debts you have accrued together […]
It used to be the case that many people worked in the same company or organisation for many decades, and then retired with a generous pension. Those days are long gone! Today, final salary pension schemes have been steadily replaced with defined contribution schemes, people are living longer, workers have more diverse careers and the […]
In 2015 the UK government introduced the new pension freedoms which allowed people to access their pension pots much more easily. Essentially, from this point, you could withdraw all of your pension in one go if you wanted to (although not without a tax penalty). Lots of people were particularly excited about the fact that […]
When someone you care about passes away, the days and weeks afterwards can feel like an overwhelming haze. The last thing you have the energy for taxes, inheritance or funeral arrangements – but they do need to be dealt with. Where do you even begin with all of this? Who do you need to deal […]
Did you know that your child might have over £2,000 held in a forgotten bank account? In 2005, the Labour government set up an initiative called the Child Trust Fund. It allowed both the government and also parents to put money into a special account for their children, provided they were born after 1st September […]
Running a business is very time-consuming and rewarding. So much so that it can be easy to not stop and think about what would happen to it if you were removed from it. Death, illness and incapacity can hit a business owner at any moment, often leaving the company drifting and struggling in the water. […]
It certainly seems to be the case that house prices across the UK are not really rising across the UK in 2018-19. Despite this, however, increasing numbers of people are still having to pay stamp duty on their property purchases. What is stamp duty exactly? How does it work, and is there a way of […]
Research shows that around 700,000 people are at risk of passing on their pension to the wrong person. It isn’t nice to think about planning for our eventual passing, but it is therefore important. When you eventually pass on, what happens to your wealth – and in particular, your pension? Does it go to your […]
Winning and losing is part and parcel of investing. Nobody can win every time, and nobody can make perfect investment decisions consistently. However, there are many mistakes that can and should be avoided – simply through being aware of them. In this article, our financial advisers at Cedar House have compiled five of some of […]
Are you think of buying a property, but not sure whether to wait in case Brexit produces a drop in house prices? Alternatively, perhaps you were thinking about selling later in the year, but do not whether to bring the sale forward (before the UK leaves the EU)? The question of the effect of Brexit […]