Divorce delivers a £7k hit

New research highlights the financial impact of divorce, especially for those over 50. On average, incomes drop by £7,753 in the year following a divorce. A quarter of over 50s struggle to rebuild savings after a divorce, with 13% believing they will never recover financially. 

FCA set to reshape money laundering rules

The Financial Conduct Authority (FCA) will become the new anti-money laundering supervisor for the legal sector, consolidating oversight currently spread across nine regulators. The shift aims to address the IJlCs El00bn annual money laundering issue. Priya Giuliani, a financial crime investigator, noted the urgency for the UK to present a credible supervisory system to the … Read more