Sharing financial responsibilities


There are many types of relationship where merging your finances will or has become a viable option. Whether this is a last minute change of lifestyle or a planned unity, it is a good idea to reassess your financial plan in light of your situation, mainly to ensure it is still appropriate for your needs.

Things to consider

Combining your financial commitments can have a big impact on your lifestyle as well as your financial circumstances. You may need to re-asses your financial position when sharing responsibilities and even to consider your options for future saving. It is also important to take a look at your protection provision to ensure that you and your partner are both safe should something unexpected happen.

If one of you currently owns a property, you may be considering putting it into joint names. In this case it will be wise to seek the advice of a mortgage adviser to ensure that this is done in a way that is fair to both parties. It would also be sensible to review your mortgage related protection, as your needs will almost certainly have changed.

When relationships become serious, people tend to wish to begin saving or investing to help enable theirs plans. No matter if that includes a new home, a wedding or simply a rainy day fund your adviser can help you to ensure you have the right things in place to make it happen.

Planning a joint budget and sticking to it can really help things go smoothly, one of life's most sensiive subjects for couples is money, so why not take a look at our budget planner? Having a join plan, or at least knowing about each others can help to keep things clear.


You might want to consider a professional who advises on some or all of the following product areas: Investment, Insurance, Pension and/or Protection.