In this episode, Kate is joined by Donald Stewart, Head of Training and Competence at Octopus Money, to discuss financial arrangements during and after divorce.
About the episode:
Kate and Donald start by exploring why there are so many emotions attached to money during divorce, the importance of seeking financial advice early, and how to build financial confidence post-divorce. Many separating couples find it difficult to plan for their independent futures, and considering the practicalities, lifestyle adjustments and co-parenting arrangements can make financial discussions even more triggering. Donald explains the importance of understanding your assets, including pensions, which often get overlooked - but are key to your long-term stability. He finishes by explaining what a 'money coach' is and how they can help you prepare and plan for life post-divorce. You'll finish this episode feeling more confident in your finances, wherever you are in the separation process.
About our guest:
Donald Stewart is the Head of Training and Competence at Octopus Money and looks after the skills, knowledge and conduct for the coaches and advisers to help them deliver great outcomes for customers. Prior to joining Octopus Money, he spent 15 years in retail banking in various roles including management, financial advice and business banking and has always had a passion for helping people to feel empowered with money and personal finances.
Want more financial tips from an Octopus Money expert?
Senior Paraplanner at Octopus Money Ben Atherton shared five practical money-saving tips to help make you and your family more financially secure. Get the highlights in our blog post or listen to the full podcast episode.
More resources:
Get help with your finances wherever you are in the divorce journey with Octopus Money. You can book your free starter session with an Octopus expert here.
Get in touch with Donald Stewart on LinkedIn or you can contact him via email - donald.stewart@octopusmoney.com
Use this gov.uk service to track your pensions, and for more information about what you might be entitled to post-divorce, visit Citizens Advice Bureau
You can also get in touch with amicable for more information on the legal, financial and parenting aspects of separation. Book a free 15-minute consultation with an amicable expert today.
We'd love to know how we can help you further. Share your questions on divorce, separation and co-parenting with us at hello@amicable.co.uk . They might just be the topic of a future episode!
