The Lifetime Allowance (LTA) was introduced in April 2006 and put a cap on lifetime pension savings after which an LTA tax charge would become payable. As the graph below…
From time to time, we are asked to share our expertise in professional and industry publications. Recently, Mark Penston was asked to co-author an article for the Family Law Journal…
At Christmas time it is natural to reflect on the year just gone and to look forward to the New Year. 2019 has been a very busy year for BlueSKY…
In early July, the Pensions Advisory Group (PAG) published their long-awaited report, A Guide to the Treatment of Pensions on Divorce. Many of you will know that the PAG comprises…
Earlier this summer, we looked at the recent Pensions Advisory Group report and highlighted some occasions where it might not be necessary for your clients to speak to a pension…
In most divorce cases the consequence for one or both of the parties (aside from the emotional and practical concerns) will be financial anxiety. Whilst very often the financial outlook…
We’ve been called a lot of things in our time, but now there’s a brand-new acronym to add to the list. According to the Pension Advisory Group (PAG) Report, we’re…
Whilst it is likely that you will know of BlueSKY from our Pension Sharing Reports, it is certainly not the only area where we assist separating couples, solicitors and mediators….
The Relief Business Property Relief (BPR) is Inheritance Tax legislation that’s been established since 1976. It allows qualifying assets to be passed on free from inheritance tax once they’ve been…
A son can bear with equanimity the loss of his father, but the loss of his inheritance may drive him to despair – Niccolo Machiavelli (Italian writer 3 May 1469…
5 practical issues your unmarried client may face if they separate
Choosing to live together without marrying or entering into a civil partnership is increasingly popular. The latest Office for National Statistics data shows that the proportion of people who live…
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Why divorce is a “fault line” for the worrying £136,000 gender pension gap
Each year, on 8 March, International Women’s Day gives focus to issues such as gender equality, reproductive rights, and violence and abuse against women. In recent years, one of the…
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5 important reasons your clients need financial advice when they divorce
When a couple separates, financial considerations are likely to be one of their primary concerns alongside arrangements for children. Yet, most couples head for legal advice before they seek help…
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