Posts by Mary Waring
How will a financial adviser charge?
If you’re looking to instruct a financial adviser, the cost of that advice will be something you will need to understand. There are a number of different ways an adviser may charge: A fixed fee An hourly fee As a percentage of your funds Or a mixture of the above Ensure you get full details…
Read MoreWhat expertise should your financial adviser have?
Most financial advisers will have a very broad range of knowledge, enabling them to provide advice across various subject areas to help with general financial planning. However, dependent on your needs and circumstances you may prefer to speak to an adviser who is a specialist in the area where you need advice. Some aspects of…
Read MoreWhat qualification should my financial adviser have?
In order to provide regulated financial advice in the UK, a financial adviser must hold an approved qualification covering a number of financial planning subjects. Qualifications are generally from two main professional bodies: Chartered Insurance Institute (CII) and Institute of Financial Planning (IFP). Advisers must hold a minimum qualification, subscribe to a code of ethics…
Read MoreHelping children feel nurtured, supported and heard through divorce, separation and break up.
Divorce is stressful for parents and children alike and although reactions will depend on a child’s age, temperament, and the circumstances surrounding the split, many children feel sad, frustrated, angry, and anxious — and it’s not uncommon for them to become naughty at home or at school because of those feelings. Fortunately, you can help…
Read MoreTen inspirational quotes about divorce
The aim of the quotes below is to provide some inspiration at the low times of divorce. They are a mixture of funny, sad, and uplifting. Do let me know what your favourite quotes are, in the comments section below “Sometimes good things fall apart so better things can fall together” – Marilyn Monroe “You…
Read MoreHow do you choose a financial adviser?
The majority of my clients are females going through divorce,and their husband has dealt with all the finances during the period of their marriage. Therefore when they are faced with having to find an adviser it’s a really difficult process for them to go through. Choosing the right financial adviser to help you plan your…
Read MoreHow to protect your pension share from falls in the stock market
The previous blog “How is the value of my pension share calculated?” highlighted the process to be followed in calculating the amount of funds to be transferred on implementation of a pension share. If there is a significant fall in the stock market from the date of the original valuation to implementation date it’s very…
Read MoreWhen can I access my pension?
Under current pension rules 25% of the value of a pension fund can be taken as tax free cash. The balance is used to provide income over the individual’s lifetime. Clients have often told me they weren’t keen on saving into pensions because of the restrictions on when and how you can access the fund.…
Read MoreHow much is state pension?
The current basic state pension is £113.10 per week which is the equivalent of £5,881.20 per annum. This basic amount is increased if you also have an Additional State Pension or a Graduated Pension. The basic amount increases each year by the “triple lock“, which is the greater of price inflation (measured by Consumer Price…
Read MoreDo you know when you will receive your state pension?
Up until 2010 women had a state pension age of 60, and men had a state pension age of 65. However, with increasing life expectancy it became very obvious the Treasury needed to make changes. It wasn’t uncommon for some individuals to be claiming state pension for a longer period of time than they had…
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