Agreeing Pension Separation in Divorce
New analysis has shown that private pension wealth is the biggest component of household wealth in the UK, and has highlighted how important it is that this wealth is separated fairly in the event of divorce for the future financial well-being of both parties. The analysis by Aviva follows the latest statistical release on divorce […]
Possibility of Divorce Affects Inheritance Planning
As many as one in three parents are apparently reluctant to leave an inheritance to their married children, because they fear the relationship will end in divorce and ultimately result in assets leaving the immediate family. The study, by Investec Wealth & Investment, found that 12% of parents said their children’s marriages had already broken […]
Figures Reveal Fall in Divorce Numbers
The latest figures from the Office for National Statistics (ONS) have revealed a fall in the number of divorces that took place in England and Wales during 2014. The figures show that: According to the ONS, the fall in divorces is consistent with a decline in the number of marriages over the same period. The […]
Continued Rise in ‘Grey Divorce’ Numbers
The upward trend in the number of ‘grey divorces’ appears to be continuing, according to a new survey from the United States. The survey of American Academy of Matrimonial Lawyer (AAML) members found that 64% of respondents reported an increase in divorce cases among couples more than 50-years of age. The top three items most […]
Division of Labour Related to Risk of Divorce
According to a recent study from the US, financial factors such as a wife’s ability to support herself are not necessarily predictive of divorce. Instead, it is couples’ division of labour that is associated with the risk of divorce. The study, from Harvard University, compared couples married in 1974 or earlier with couples married in […]
