Divorce affects everyone differently, and a marriage coming to an end is a profound life event and one that can be extremely disorientating, upsetting, and daunting.

However, there are steps that can be taken to ease the emotional and financial upheaval that accompanies the end of a marriage.

The emotional rollercoaster

Changing lifestyles and family circumstances can throw even the most resilient of individuals off balance, particularly during a divorce. It’s not uncommon for high-achieving professionals, often accustomed to steering the ship of their lives, to struggle with what can feel like a loss of control. Yet, with the decision to divorce comes a new opportunity to redefine future plans and goals.

The need for comprehensive support

Seeking professional legal advice is essential when going through a divorce to help navigate through the technical detail and allocate assets fairly. We notice a distinct need beyond the legal and financial support that you may ordinarily expect. This is particularly true for wealthy individuals and private clients who choose to be represented by a professional, especially those with significant wealth, or who lead complex lives that involve them living in more than one country.

Wealth planning

Engaging with a wealth planner from the outset is crucial to ensure a happy outcome. Wealth planners help clients to envision their future cash flow needs and to consider the lifestyle implications of their divorce settlement. Adjusting to a potentially lower standard of living necessitates careful planning, and pensions, often a significant asset, demand specialist attention for fair distribution.

Empowerment through financial literacy

In many marriages, one partner typically assumes the financial role, leaving the other to navigate uncharted fiscal waters post-divorce. Regardless of their professional expertise, we encourage clients to take the reins of their financial future. Selecting a wealth manager who can carefully and clearly explain the options, and aligns investment strategies with the client’s risk tolerance is paramount.

Choosing the right advisers

The ideal adviser transcends the role of a financial guide; they can become a confidant and ally. Clients deserve advisers who view them holistically, empathise with their unique situation, and offer emotional support during their most vulnerable moments. As a private banker and trusted adviser, our mission is to provide this comprehensive support, helping clients rebuild their lives and envision a future filled with possibilities.

For those embarking on the journey of divorce, remember that you are not alone. Our team is here to support you every step of the way. To learn more about our services and how we can assist you, please reach out to us. We eagerly await the opportunity to guide you towards a new chapter in your life.

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Relocating to a different country involves various considerations from deciding where to live and settling into a new job to, perhaps, finding new schools for your children. While these can be daunting tasks, it’s important to consider your financial circumstances well in advance of your move to ensure you take full advantage of all the benefits available to you. In this article, we explore the financial aspects of relocating to the UK, with a particular focus on the tax implications.

In the UK, the way you are taxed by HM Revenue and Customs (HMRC) is based on your residency and domicile status. Your residency status is simply where you live, but your domicile status is a little more complicated. It’s generally based on where you originated – either where you were born or where your father came from – or it can be by choice, if you are over 16 and choose to live indefinitely in another country. A UK resident whose permanent home is outside the UK is known as a non-domiciled individual or ‘non-dom’, which is purely a description of their tax status and indicates they do not intend to live permanently in the UK.

The difference between residence and domicile is important. Individuals who are both UK resident and domiciled must pay UK tax on their worldwide income and gains. However, if you are a non-domiciled individual living in the UK you can choose to register your non-domiciled status, which means you will only be taxed on your income and gains earned in the UK. You will not have to pay UK tax on any income or gains earned overseas unless you bring that money into the UK.

A good understanding of UK tax legislation is essential, and your personal circumstances should be carefully considered with the help of tax professionals. Seeking expert advice will help you make more informed financial decisions when you relocate.

If you are living in the UK but don’t intend the move to be permanent, you can choose to be taxed only on your income and gains earned in the UK and those which you bring into the UK. This is known as the remittance basis of taxation, and it means any foreign income and gains remain outside of the scope of UK taxation, which can be advantageous if you have significant foreign income or assets. The remittance basis is only available for the first 15 years of living in the UK, but during this time it provides the potential to secure wealth and avoid tax erosion. After this period, you will automatically be ‘deemed’ to be domiciled in the UK and will have to pay tax on your worldwide income.

Choosing the remittance basis of taxation has wide implications, specifically for your investment strategies and foreign income management. In particular, separation of onshore and offshore bank accounts and investments plays a pivotal role in ensuring you are able to benefit from this planning opportunity. If your relocation will involve borrowing to buy a new home, or for other purposes, special regard must also be given to where the loan is granted from and how and where it’s serviced, in order to avoid any remittance issues. This is where a private bank with access to both onshore and tax neutral, offshore, capabilities can be very helpful.

At Centurium Bank, we can work with you and your tax advisers to help structure your banking, investment and borrowing requirements in the most effective way when relocating to the UK. In addition to this, we can assess your current circumstances and put a plan in place to help you achieve your goals and objectives. We use specialist software to model and help you visualise your financial future, exploring different scenarios and options, all to ensure you remain on track with your plan.

To ensure you are fully prepared for your UK move, we have created two guides, A guide for moving to the UK and A guide for South Africans moving to the UK which provide more detail.

Clients of Centurium Bank can get in touch with their private banker directly to understand how wealth planning can help them achieve their financial goals and objectives, or call +44 (0)7488 845584 to speak to our Client Services team. At Centurium Bank, multi-generational relationships are really important to us. So we work with you and your family to offer the appropriate support at whatever stage you and your family are in life.

If you would like to find out more about how we help with wealth planning support, please contact us on the number above or via our Contact us page.

Any examples of investments and structures used are for illustrative purposes only. The inclusion does not constitute an invitation or inducement to buy any financial investment or service. None of the content constitutes advice or a personal recommendation. Individuals should seek professional advice, based on their jurisdiction and personal circumstances, before making any financial decision.

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Reaching the age of 100 may seem a rather fanciful prospect but if you were born in 1974 in the UK, as I was, your chances of becoming a centenarian are 20.4% if you’re a woman and 13.9% if you’re a man. Based on the latest estimates from the United Nations, there were 593,000 centenarians around the world in 2021 and it’s a fast-growing age group. Studies estimate there could be 3.7 million centenarians alive by 2050.

Better healthcare and lifestyles around the world, along with luck in the genetic lottery, play a big part in increasing longevity. Yet there is still no way to accurately predict how long any of us will live and this is a crucial factor when it comes to planning your finances. How do you ensure you have enough money to fund your lifestyle through a potential 30-40 year retirement?

Here are six things to consider when preparing your wealth for a long life well lived:

1. Define your long-term financial goals

Talking about money and your aspirations with loved ones is key to understanding what you want from life – for yourself and your legacy. Defining this will help build a framework for managing your wealth to achieve these goals.

2. Make your pension a priority

Pensions can be one of the most efficient ways to save for your retirement, so it may be worth ensuring you make the most of your pension allowances. In the UK, the benefits include tax relief on your contributions and tax free growth of the investments within the pension. In addition, pension funds do not form part of your estate when you die and are therefore free from UK inheritance tax. If you have a number of pensions, it may be worth consolidating them, although the associated risks and charges should be considered. Taking advantage of ISAs is another tax-efficient strategy for long-term financial planning in the UK.

3. Invest for the long-term

The power of compounding and diversification make investing for the long-term one of the best ways to grow your wealth. Make sure you are comfortable with the investment risk in your personal portfolio, and it is suitably diversified to meet your needs.

4. Contingencies

If you live to age 100, there are likely to be a few unexpected events along the way. However, the financial impact of these can be considered and options such as life insurance, income protection and critical illness cover can help to protect your wealth and provide peace of mind for you and your family. Life expectancy may be improving but it is no guarantee of good health, so the possibility of long-term care should also be considered.

5. Estate planning and gifting

As well as managing your wealth during your lifetime, it’s important to consider how it will be managed after you’ve gone. The first step is to ensure you have an up-to-date will or wills (if you have assets in more than one jurisdiction). Whether you plan to pass your wealth on to your family or have philanthropic ambitions, considering your options and putting the right structures in place is vital to ensure a smooth, efficient transfer. Structures such as trusts, family investment companies and donor advised funds may be appropriate.

6. Make a wealth plan

Having considered your goals and values, creating a wealth plan will allow you to visualise the financial route you need to take – right up to age 100. Using specialist cashflow software, a wealth planner will work with you to define your current and future financial circumstances and align them to your goals and values, enabling more informed financial decisions. We call it ‘investing with purpose’. The future is never certain, and your wealth plan can explore various scenarios to stress test situations. This means you can be as prepared as possible for the unexpected. Your wealth plan should be flexible and with regular reviews it can be adapted as markets, fiscal regimes and your personal goals and circumstances evolve.

At Centurium Bank, we can partner with you to understand your financial goals and create the most appropriate wealth plan. We work with clients and their families around the world, in tandem with their professional advisers, to help them achieve a life well lived – all the way to 100 or more!

Clients of Centurium Bank can get in touch with their private banker directly to understand how wealth planning can help them achieve their financial goals and objectives, or call +44 (0)7488 845584 to speak to our Client Services team.

If you would like to find out more about how we can help you with retirement planning or more general wealth planning support, please contact us on the number above or via our Contact us page.

Any examples of investments and structures used are for illustrative purposes only. The inclusion does not constitute an invitation or inducement to buy any financial investment or service. None of the content constitutes advice or a personal recommendation. Individuals should seek professional advice, based on their jurisdiction and personal circumstances, before making any financial decision.

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The morning of 6 May 2023 will see the coronation of King Charles III at Westminster Abbey in London – almost 70 years after his mother was crowned in the Abbey on 2 June 1953.

Inevitably, comparisons between this year’s coronation and the Queen’s in 1953 will be rife. It’s already been announced that the service will be markedly shorter than his mother’s and the procession will be half the length, but it will certainly not lack pageantry and colour.

Back in 1953 the Queen’s coronation was the first ever to be televised. Fewer than two million British homes owned a TV at the time and the Queen’s coronation played a major part in making television mainstream. Over half the UK population crowded into the homes of family and friends with a television to watch the event in black and white. A black and white TV with a massive nine-inch screen would set you back around £45 – more than £1,000 in today’s money. Today, many British households have a TV in almost every room and along with phones, laptops and tablets, there will be no shortage of ways to watch the King’s coronation on 6 May.

So, what was Britain like 70 years ago?

In 1953, Britain was a major economic power but just emerging from the grip of post-war austerity. World War II had ended in 1945, but people were still living with the effects of the conflict. Many of its major cities were bombsites, staple foodstuffs were still rationed, it was almost impossible for many families to borrow money and there was a desperate shortage of affordable housing.

The start of the 1950s also saw high inflation of over 10%, which was attributed to a boom in world commodity prices as a result of the Korean War. So there are some surprising parallels with our cost of living crisis today. However, the end of the Korean conflict in July 1953 ushered in a period of low inflation and stable commodity prices that lasted until the 1970s. So Britain in 1953 was on the up with growth of 4% (up from 0.3% in 1952) and inflation down to 3%.

Interest rates

At the time of the Queen’s coronation, interest rates were down to around 3.5% according to the Bank of England, having fallen from 4.0% the previous year. In the 1950s it was the government of the day that controlled monetary policy. The responsibility for rate setting was only handed over to the independent Bank of England in 1997 by Gordon Brown, then Chancellor of the Exchequer. The current UK interest rate is rising and stands at 4.25%, its highest in 15 years, following 11 hikes since 2021. The Bank of England is expected to raise rates again in its next Monetary Policy Committee meeting on 11 May, as it attempts to rein in our current stubbornly high inflation.

House prices

Britain is known as a nation of homeowners and house prices are a favourite topic of conversation. The ending of austerity during 1953 saw extensive local authority driven housebuilding, as the UK built council houses to deal with the post-war shortage. Home-ownership rates were quite low, around 31% in 1953, but they grew rapidly as rising incomes enabled more to buy. Home ownership peaked in 2003 with around 70% of homes privately owned but has since fallen back to around 64% today as the price of housing has risen faster than incomes – making the dream of owning a home unattainable for many. According to historic data from the Nationwide Building Society, a typical UK property cost £1,891 in 1953, but the average house price had risen to £258,115 by March 2023.

Earnings

In the 1950s the UK economy was growing, with wages increasing and low unemployment. In 1953 average weekly earnings were around £7, but this masked a stark difference between the earnings of men and women. While men were paid on average £9 a week, women earned only £5 – a staggering gender pay gap of 80%. According to the Office of National Statistics, average weekly earnings today stand at £638 and while a gender pay gap remains, it is now down to 9.4%.

Stocks and shares

The world of investing was very different in 1953. As major industries had been nationalised, the stock market was light on transport stocks and utilities, while financials, materials and consumer staples were more dominant. The market also had a much more domestic focus than the global markets we know today. The FT30 index – one of the oldest indices in the world – was devised in 1935 and made up of 30 of the largest British companies, many of which are still around today although now part of large multinational groups. These included Imperial Chemical Industries (now part of Akzo Nobel), Distillers (now Diageo) and Imperial Tobacco (now Imperial Brands).

The FTSE100 index we know today was not founded until 1984. These days heavy industry has given way to other sectors such as consumer staples, financials, energy, healthcare, and materials which now dominate the modern indices. These changes reflect Britain’s significant shift to a services sector economy, with new jobs in finance, retail, tourism and hospitality sectors. In 1950, the Bank of England reported that manufacturing accounted for 33% of Britain’s gross domestic product (GDP), but by the end of 2022 this had fallen to less than 10%. Meanwhile the services sector now accounts for around 80% of Britain’s total output.

It’s fascinating to look back on the impact of geopolitical events and how the UK economy has evolved over the last 70 years. It highlights the powerful cyclical changes in the economy and, as we face our current economic headwinds, offers a reassuring reminder that all crises eventually pass.

Clients of Centurium Bank can get in touch with their private banker directly to understand how wealth planning can help them achieve their financial goals and objectives, or call +44 (0)7488 845584 to speak to our Client Services team.

If you would like to find out more about how we can help you with wealth planning support, or specific support when planning your retirement, as well as for other major life events, please contact us on the number above or via our Contact us page.

We do not offer legal advice. We would always recommend you seek professional legal advice in relation to your will and lasting powers of attorney. We are, however, happy to work with your legal team, or to provide an introduction to a suitable lawyer should you wish.

Any examples of investments and structures used are for illustrative purposes only. The inclusion does not constitute an invitation or inducement to buy any financial investment or service. None of the content constitutes advice or a personal recommendation. Individuals should seek professional advice, based on their jurisdiction and personal circumstances, before making any financial decision

The post A tale of two coronations: 1953 and 2023 appeared first on Centurium Bank.

Over the last few years, house prices have continued to rise much faster than income and the bank of Mum and Dad remains one of the UK’s top property lenders. According to analysis by property firm Savills, the bank of Mum and Dad paid out almost £8.8 billion in gifts and loans during 2022. An estimated 170,000 first-time buyers had family help in getting a mortgage, which amounted to almost half of all mortgaged first-time buyers. With increasing interest rates, stricter mortgage criteria and a cost of living crisis, it’s expected this number will jump to 61% in 2023. The desire to help your children onto the property ladder is strong, but could this support leave you with longer term and unforeseen ramifications?

The long-term impact will depend on how you choose to fund the gift or loan. While the use of cash savings or withdrawing money from your investments or pensions are all possibilities, they have the potential to cause problems for your future financial and retirement plans, not least because we are all living longer and annuities are no longer the automatic choice.

Taking money from your investment portfolio means you run the risk of losing out on any growth and the compounding benefits that investments typically carry, as well as any future benefits from bond coupons or equity dividend payments. The potential rates of return on investments are generally higher than the return on cash over the longer term, but it is always worth remembering that markets can go down as well as up and you may not get back the original amount invested.

Meanwhile, accessing your private pension pot may mean you don’t achieve all your retirement goals. The money taken out of your pension will not be there to grow and compound but, perhaps more importantly, if you access your pension, your annual allowance – the amount you can pay in while enjoying the government’s tax incentives – has reduced from up to £60,000 a year to just £10,000. This lower tax support may mean you need to defer your retirement date.

The good news is that there is another possibility. If you have investable assets over £1 million, you can access the bespoke lending options available through private banks. Not only can loans be secured against your property or investment holdings, but the support you receive will ensure you understand the full implications of any decision and the impact it will have on your long-term financial goals. As a result, you can retain your capital and continue to benefit from your wealth while helping your loved ones with their more immediate needs.

What are the benefits?

As private banks operate on a more personal case-by-case basis, they can offer a more flexible approach for larger loan amounts, usually over £250,000. The benefits include:

• A more tailored service with a dedicated relationship manager, who will take time to understand your current financial position and any long-term plans before providing the most efficient outcome for you.
• Less rigid criteria and a wider range of options:
  • Facilities in sterling, euro or US dollars
  • Interest only loans
  • Shorterrepayment terms
  • Scheduled repayments linked to a specific date.
• Borrowing against your UK, Isle of Man or Channel Island-based residential property.
• Borrowing against your investment portfolios, provided they are held with the bank.
• Quick, yet carefully considered, decisions to meet an immediate need for cash, without having to sell any of your investments.

A win for you and your family – in the short term and the longer term.

Clients can borrow against a UK, Isle of Man or Channel Island-based residence, be it a home or an investment property. We also lend against investment portfolios and loans can be denominated in Sterling, Euros or US Dollars. With clients in 160 countries, we often help clients based outside the UK, and have lent using the same approach across market cycles since 1987.

To find out more about Centurium Bank’s bespoke lending services, please visit our ‘Borrowing’ page or email credit.enquiries@centuriumbank.com. You can also contact your private banker directly or call our client services team on +44 (0)7488 845584. Or you can get in touch via our Contact us page.

If you fail to keep up loan repayments, your assets used to secure the loan may be at risk and/or your home may be repossessed. Any examples are for illustrative purposes only. The webinars and Q&A do not constitute an invitation or inducement to buy any financial product or service. None of the content constitutes advice or a personal recommendation. Individuals should seek professional advice, based on their jurisdiction and personal circumstances, before making any financial decision.

The post Can the bank of Mum and Dad work long term? appeared first on Centurium Bank.

Signs of spring often spark an urge for change and reinvention as we start cleaning and decluttering our homes. In the UK, it’s also a perfect time to spring clean your finances as it coincides with the start of a new tax year and the Spring Budget, in which the UK chancellor sets out his taxation and spending plans for the coming year.

So, what should you be considering to freshen up your finances this spring? We outline the best places to start.

Set your goals

Do you have overarching financial goals and, if not, should you think about setting some? What do you want most from life – for yourself and your family? Maybe to help your children or grandchildren through education, or to buy their own homes. Or you have plans to travel or relocate. Perhaps you’d like to build philanthropy into your goals? If you’re unsure where to start, map out some short, medium, and long-term goals. Then you need to take stock of your savings, investments and pensions to make sure they reflect these goals.

Get your paperwork in order

First things first, are all your official documents – wills, lasting powers of attorney and certificates – together where they can be easily found when necessary? If you don’t have a will, or it’s not up to date with your current situation, this should be a top priority. Important digital assets may also need a review.

Use this as an opportunity to sit down and evaluate your incomings and outgoings. Are you paying for services or subscriptions you don’t use? Are there areas that you could cut back on? Could you free up more cash to put towards your financial goals?

Pensions

Now is a good time to review your pension savings – are they in line with your plans for retirement? The most unexpected changes in the chancellor’s Spring Budget were pension reforms. The pension lifetime allowance, which currently stands at £1.073 million, will be abolished by April 2024 and the annual pension allowance – the most you can pay into a pension each tax year and receive tax relief – will increase from £40,000 to £60,000. Although these benefits will be tempered as the tax-free lump sum you can take will be capped at £268,275 (unless you have protections already in place).

Tax matters

Tax changes announced in last year’s autumn statement will come into effect this tax year. These include the freezing of the annual personal allowance at £12,570 and the higher rate tax threshold at £50,270. Plus the reduction of the additional rate 45% band from £150,000 to £125,140. This means you could be tipped into a higher or additional rate tax band if your earnings have increased, so it’s worth exploring options, such as increasing your pension contributions.

It’s also important to take advantage of any tax allowances you’re entitled to. Are you using your annual ISA allowance in full? Are you claiming tax relief against charitable donations and professional subscriptions? As always, you should seek independent tax advice based on your own situation before making any financial decisions.

Plan for life

The lifting of the lifetime allowance on pensions might have additional benefits when it comes to inheritance planning, but are you making the most of your wealth while you’re still around to enjoy it? Have you, for example, dreamt of living somewhere else – escaping the city or moving closer to family? Or gifting from your assets or surplus income to benefit your loved ones – when they need it most? Or supporting a favourite cause? Why not revisit these ideas and consider your work-life balance. Are you happy, or could you be doing more?

Examining many areas of your life – from finances to family matters – can feel daunting, but sitting down and talking about it will almost always pay dividends in the long run.

If you’d like to start a conversation, please get in touch. Our experienced team can work with you to create a personal wealth plan that can help you achieve your financial goals now and for the future.

Clients of Centurium Bank can get in touch with their private banker directly to understand how wealth planning can help them achieve their financial goals and objectives, or call +44 (0)7488 845584 to speak to our Client Services team.

If you would like to find out more about how we can help you with wealth planning support, please contact us on the number above or via our Contact us page.

Investment values can go down, as well as up, to the extent that you might get back less than you originally invested. The value of your investments may also be affected by exchange rates. The inclusion of any investment structures and wrappers is for information only and should not be taken as advice or a recommendation. You should seek the necessary advice, specific to your circumstances, before making any financial decision.

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As John Lennon sang, “Life is what happens while you are busy making other plans”. Life is unpredictable and sometimes we can be thrown off course by something we were least expecting. This is often the case with divorce. One minute you’re happily married and planning your life together, the next you are going your separate ways. The end of a marriage can evoke many conflicting emotions that make it difficult to focus and look ahead.

Grief – at the loss of a relationship, your familiar way of life and the dreams and aspirations you shared.

Guilt – over a perceived failure to make it work.

Anger – at a partner’s betrayal.

Fear – of the unknown, coping with changed circumstances and being alone.

There is no quick way off the emotional rollercoaster. The coping process must start by allowing the freedom to grieve while taking the necessary steps to move on. At such a distressing time, you are faced with unravelling all the aspects of your shared life together and it is important not to overlook the financial issues that will inevitably arise. In addition to legal advice, it is recommended that both parties seek professional financial advice at the start of the process.

Here are eight ways you can start to move forward:

1. Starting over – The first step is to assess your current financial and family situation. It helps to produce a full disclosure of all assets, including pensions, at the outset. Joint bank accounts will need to be separated. Money for immediate living expenses will need to be arranged. Open discussion will be required on custody arrangements for children, and who will pay for child support and day-to-day expenses through the divorce process. It is also important to check your credit score and ensure you have suitable insurance cover as you go your separate ways.
2. Taking control – Choosing to move forward means taking control of those things you can control and not wasting energy on those you can’t. Once you’ve assessed your current situation, you can start prioritising the issues and decisions that are within your control and start considering your life on the other side of divorce – your future opportunities and strengths.
3. One becomes two – The money that was supporting one household will now have to stretch to fund two. This may mean adjustments to the standard of living you’re accustomed to, as expenses increase. Divorce is also about ensuring young children are taken care of and supported through the upheaval of separation and change.
4. Emotional attachment – Emotions play a large part in how well people adjust to a new life after divorce. Individuals that find it harder to let go of the past will struggle more than those who can look to new possibilities in the future. It is helpful to see it as a transformational period where new plans can be formed.
5. Building resilience – Keep focused on what you can control and where you want to get to. Set new goals and take small steps to achieving them. An experienced financial planner can help take the emotion out of the raft of decisions you are faced with at this challenging time. Talking to a financial planner can ease the pressure and fear of the unknown, and help you understand the possibilities for the new life ahead.
6. Experienced advice – Having gone through many divorces with other clients, a specialist financial planner can help negotiations by understanding your situation and needs. Using cash flow planning, they can help you visualise what you could have and how it could work for you, and to evaluate settlement offers.
7. Communication is key – It always helps if the divorcing parties are both on board with the financial planning process. Usually, one of the partners will have taken more of a lead in financial matters. In these cases, the other partner can benefit enormously from the help, guidance and support of a financial planner through the divorce process.
8. An education – Financial planning not only assists with decision making, but it can also help with understanding the short and long-term implications of those decisions. For example, around custody, maintenance, division of assets, current and future income and expenditure, to name just a few.

Untangling finances during divorce is always complex. Decisions made in the heat of the moment can have significant and long-lasting consequences. How much money you will need is never an easy question to answer. But working with a financial planner and developing a personal cash flow plan will go a long way towards showing the lifestyle you could aspire to after divorce and how you can achieve it.

Different scenarios can be modelled to help make the best and most informed decisions. For example: should you keep the marital home; what would be the best option for the pensions; and what are the tax considerations? At such a challenging time, cash flow planning can provide clarity and peace of mind both before and after a divorce settlement.

Having a financial plan can help restore your faith in the future and create a new beginning.

Clients of Centurium Bank can get in touch with their private banker directly to understand how wealth planning can help them achieve their financial goals and objectives, or call +44 (0)7488 845584 to speak to our Client Services team.

If you would like to find out more about how we can help you with wealth planning support, please contact us on the number above or via our Contact us page.

Any examples of investments and structures used are for illustrative purposes only. This article does not constitute an invitation or inducement to buy any financial investment or service. None of the content constitutes advice or a personal recommendation. Individuals should seek professional advice, based on their jurisdiction and personal circumstances, before making any financial decision.

The post Building a financial future after divorce appeared first on Centurium Bank.