Adviser report points to £500m divorce market opportunity

The report, which was written by advisers, estimated the size of the divorce and separation market to be about £500m a year. It highlighted there were currently a mere 42 adviser specialists accredited in family law - about one for every 5,000 people divorcing each year. The report, which was published in partnership with the Personal Finance Society, claimed advisers entering the market would benefit from referrals from family lawyers, which would allow them to build a client base quickly. It said the traditional model of advice was "slowly drying up" with consumers more and more ...