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.
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 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 upward trend in the number of ‘grey divorces’ appears to be continuing, according to a new survey from the United States.
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.
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