Posts by Mary Waring
Having a Blue Christmas?
Tips for the newly divorced or separated on how to survive the first Christmas. The first Christmas after divorce or separation can not only be tough, but for some, absolutely gruelling. The same may apply for the first Christmas that your children spend with your ex rather than you. However, if you are able to…
Read MoreWhat does “fair” mean when you’re splitting finances?
Yesterday I was contacted by a previous client (let’s call her Anna) who I hadn’t spoken to for about 10 years. When we last worked together, she needed a mortgage for herself and her partner (let’s call him Jack) to buy a new property. I initially thought Anna was phoning to discuss remortgaging and was…
Read MoreWomen losing out on pensions on divorce
There were some rather shocking headlines last week regarding women losing out on pensions when they divorce. This was all sparked by an Age UK report. The report stated that is should be “the norm” for private pensions to be considered as part of the divorce process and, wherever possible, divided fairly between spouses. In…
Read MoreDo you have enough?
A recent report by Fidelity entitled “Financial Power of Women” highlighted the fact that although many women saved on a regular basis, they were more comfortable putting their money into cash rather than investing in the stock market. Cash savings are very important, and we should all have a cash buffer…our emergency cash. Ideally this should…
Read MorePowerWomen Awards
2018 is the 6th year Citywealth will run the Power Women awards highlighting female leaders, and recognising individuals who maximise the potential of women in wealth. Last year I was delighted to win the Gold Award for Entrepreneurial Woman of the Year. I have also been shortlisted for the same category in the 2018 Awards…
Read MoreWould you turn away a cash sum of £300,000?
The annual Scottish Widows Women and Retirement Report, now in its 13th year was published in November. A copy of the report is available here. But be warned, it doesn’t make good reading. The survey highlights that on average, women have savings pots half the value of men. There are several reasons for this: The ever…
Read MoreUncoupling your finances
If you and your partner have been together for some time, separating your finances is not necessarily going to be easy. However, it is absolutely vital that you can reach a financial settlement that is suitable for both parties. This is essential to the emotional wellbeing of all parties, particularly children. You may no longer…
Read MoreDon’t ignore the pension
Data on UK divorces, released this week by the Office of National Statistics, announced that that the average age at divorce is continuing to rise; for 30 years, from 1985-2015, the average age at divorce has increased by over eight years. The average age at divorce for a man in 2015 was 45.9 years, and…
Read MoreOh, another lovely award…
A few months ago I was delighted to attend a very swanky awards ceremony and be the winner of CityWealth’s Power Woman of The Year Award as Entrepreneurial Woman of The Year. Last week I attended the inaugural awards ceremony from Women in Finance, held at Grosvenor House- another swanky event. I was delighted to be…
Read MoreDivorce at over-60
Over 60 and facing separation? You’re not alone. Later life divorce is definitely on the increase – figures from the International Longevity Centre, a respected research organisation, show that between 1990 and 2012 the number of men and women over the age of 60 going through a divorce shot up by 85 per cent. There…
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