Separating fact from fiction: defusing the divorce bomb

Mike Mason, director with BDO’s forensic team, explains the actions advisers should take in the event they have a client who is getting divorced.

clock

Mike Mason, director with BDO's forensic team, explains the actions advisers should take in the event they have a client who is getting divorced.

The sad reality of life is that many marriages end in divorce. According to figures published by the Office of National Statistics in December, one out of every three marriages ends in divorce by the 15th anniversary. The end of a marriage is often a very emotional time but it is important that people who find themselves in this position do not make rash decisions with regards to their financial affairs. The bureaucracy of separation can often add unnecessary heart ache to the process and, whether a case is contentious or not, it makes absolute sense to ensure that the settlement is a...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Why accessibility is a must-have in a digital-first world

Why accessibility is a must-have in a digital-first world

Meeting the accessibility needs of vulnerable customers

Jonathan Hassell
clock 29 June 2026 • 4 min read
Editor's view: Baking in Burnham

Editor's view: Baking in Burnham

The editor's Friday Night Takeaway from 26 June

Jen Frost
clock 26 June 2026 • 2 min read
The Platforms Association launches UK's first transfers charter

The Platforms Association launches UK's first transfers charter

Designed to modernise investment transfers

Sophia Panayi
clock 25 June 2026 • 2 min read