“‘Financial planning for polyamorous relationships is not any different'”

Apr 23, 2024 | Financial Services

Well, here’s a thing, a thing that I have to say I didn’t realise was a thing. A polyamorous relationship is, apparently, a threesome or moresome knowingly together in one household in one form or another. Yes, families have become more complicated in these still-progressive times, and many have more than one family and/or sets of children and relationships to take into account. They’re the ones we encourage to get wills and work out who should get what; and you’d be surprised how many haven’t done so. What should we do however as advisers, if and when we meet those ‘embracing ethical non-monogamy rather than infidelity’. Try not to look surprised and make it up as you go along, is the likely answer. Jokes and alternative answers on the proverbial, please.

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“Advisers fearful of further compliance and regulation”

“Advisers fearful of further compliance and regulation”

We know, of course we know, that regulation is, or at least should be a ‘good thing’. If those who need or should seek advice can be confident that they’ll be told the right thing, that someone has looked at those ’too good to be true’ investments before they’re allowed to take your money; or, in the case of a Woodford, while they’re raking it in to make sure it’s going where it’s supposed to.