Financial Matters

Traditionally the brides family were responsible for the expense of the wedding celebration as wellas providing a dowry for the groom. Nowadays it is quite usual for the cost to be shared between the two families.

Getting married entails extra responsibilities, especially if you are planning to have a family. It is advisable for both partners to make a will (or change them to reflect their new circumstances if one has already been made). You should also consider your pension and life insurance arrangements.

If you are planning to purchase a house you will need expert advice on the most suitable mortgage etc.

The best course of action is to seek advice from an independent financial advisor (IFA). These are people who are trained to advise you on the ins and outs of all these matters, as well as being able to give investment and other financial advice.

They will initially complete a 'Fact Find' of your financial affairs, to ensure that they know your exact situation and can offer appropriate advice. They are bound by the Financial Services Act to give you 'Best Advice' and if you have any doubts or change your mind, there is a two week 'cooling off' period in which you have the right to cancel any contract, without giving a reason.

Don't forget it is in their own interests to have satisfied and secure clients.