Charity begins at home?
We all know that well known saying don’t we? ….. Well it’s not always the case and in fact these days more and more businesses be it small, medium or a large corporate are doing lots of good work to raise money for charity. With staff willing to do a multitude of activities from sensible […]
First step on the property lad….help from the bank of Mum and Dad
According to new research the number of first-time buyers relying on the “Bank of Mum and Dad” for financial help with getting on the property ladder has hit a record high. Analysis for the Social Mobility Commission suggests that more than a third of homebuyers in England depend on cash or a loan from their […]
Coronation Street couple talk Pre-nups
Many thousands will have been watching the recent Coronation Street episode involving Johnny and Jenny’s extravagant wedding plans, but Jenny gets a bit of a shock when Johnny tells her that he wants to protect his assets by entering into a Pre-nuptial Agreement. Whilst Jenny is stunned at this unromantic gesture, entering into a Pre-nuptial […]
Divorce rates dip as more people are co-habiting
ONS figures confirm that divorce rates have fallen to the lowest level in 40 years, but why is that? It is thought that this is due to the increase in couples living together unmarried, and couples deciding to marry later in life after living together for a longer period. Unmarried couples now account for one-in-six […]
Financial Conduct Authority………. Regulation Roundup
The Financial Conduct Authority (FCA) have just published their Regulation Roundup for November 2016 and it produced some interesting reading: The FCA have identified that some Mortgage Firms have automatically included customers’ payment shortfall balances within their monthly mortgage payments which are recalculated from time to time, for example when an interest rate changes. This […]
Settlement agreements: what you need to know
Employment relations end for a multitude of reasons. Some are involuntary such as compulsory redundancy, misconduct, poor performance or where an employee feels they have no option but to resign due to the treatment they have received. Others are more amicable such as voluntary redundancy. Whatever the reason, a termination of employment can bring the […]
Could the Uber ruling impact on your business ?
Last Friday in a high profile decision an Employment Tribunal ruled that two drivers who provide services to the app based taxi firm, Uber, are ‘workers’ within the meaning of employment legislation. The concept of “worker” is an intermediate status between the genuinely self-employed who carry out services for a client or customer and an […]
Are banks dealing with Lasting Powers of Attorney in the right way?
When someone loses the ability to manage their own affairs, it can be a stressful time for family and friends. But if that person made a Lasting Power of Attorney (‘LPA’), things can be made much easier. Yet don’t assume your relative can just walk into the bank and access your money, even if it […]
Panama Papers highlight the issues of hidden assets in divorce
It has been reported a lot recently in the media about spouses who have tried to conceal their wealth from their ex-spouses during divorce proceedings and the consequences of that dishonesty coming to light at a later date. One case that was dealt with by the Supreme Court was that of Sharland and Gohil where […]
Rise in Divorce Petition Court Fees
Its already two weeks since the government decided to increase the fee for issuing a divorce petition from £410 to £550, which is an increase of about 35%. The rise has already seen the potential for even more financial pressure on separating spouses who are already worried about the impact a divorce will have on […]