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/ 11 March 2008

The big split

Since September last year, divorcees have been able to receive a portion of their ex-spouse’s pension fund without waiting until retirement. But confusion about the taxation of these funds and whether divorce orders prior to the change in legislation qualify has meant that the payment has often not been made.

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/ 9 October 2007

Choose your executor carefully

When writing up your will you need to elect an executor, someone who will manage your affairs when you die to ensure the wishes in your will are carried out. This might involve the sale of your assets and management of your investments until the estate has been wound up. The executor has signing power over your cheque book and no one else has control during the winding up of the estate. Who do you trust enough to do this for you?