Capital protection on divorce
According to the Office for National Statistics, divorce rates are falling. There were 111,169 divorces in 2014, a reduction of 3.1% compared with 2013. Many divorcing couples favour a clean break and opt for lump sum settlements rather than regular payments from their former partner. However, handling what could be large lump sums may hold […]
Tax advantages of marriage
The number of unmarried cohabiting couples more than doubled in the 20 years between 1996 and 2006, from 1.5 million to 3.2 million. However, research commissioned by law firm Mills & Reeve found that 35% of a sample of over 1,000 cohabiting couples either assumed that they had the same rights as married couples or […]
Never had it so good?
In 1957 the then Prime minister Harold Macmillan told his electorate “You’ve never had it so good”. In retrospect, the claim has been vindicated by subsequent experience, though it could be said to have sown the seeds of this month’s general election result As Richard Buxton of Old Mutual has pointed out, the fact is […]
