Dealing with divorce: Early financial advice essential post-freedom and choice

Early financial advice essential in pension freedom divorce

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Freedom and choice reforms have brought a fresh set of challenges to the sensitive subject of pensions and divorce. Matthew Brown recommends taking financial advice as early as possible

When new age traveller turned millionaire businessman Dale Vince got divorced 20 years ago he thought it was the end of the matter. However, a recent Supreme Court ruling has given his ex-wife Kathleen Wyatt the opportunity to make a claim against his fortune. The legal battle is ongoing. Press articles focusing on the case, Wyatt v Vince case, suggested floodgates could open and former spouses of long ago will start proceedings to claim additional funds - not least from their former partner's pensions schemes given the new pension freedoms.  It remains to be seen if a flood will o...

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