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.
“FCA announces plan to reduce regulatory burden on financial services firms”
Our regulator’s latest initiative is to reduce the amount of regulation. It’s become apparent that their previous big initiative, ‘consumer duty’, has made many look at the work they do and clients they look after, and decide that to do the job properly they have to look after less and perhaps charge more for complying with all the detailed compliance the rules require.
