LGBT couples face higher costs when financial planning

Many LGBT couples face both private IVF and surrogacy costs

Sahar Nazir
clock • 2 min read

Same-sex couples are “disproportionately” affected by costly expenses that need to be factored into their financial goals and planning, according to St James Place (SJP).

The wealth manager has said that same-sex couples are more likely to be impacted by different mental health and wellbeing challenges and often face higher costs when it comes to financial planning, compared to their heterosexual counterparts. "As a same-sex couple, having a family is often more expensive. Whether you go down the in vitro fertilisation (IVF) or the surrogacy route, you have to factor this into your financial goals and planning," SJP LGBTQ+ network chair Emma Palethorpe said. LGBT Great founder and managing director Matt Cameron said: "If you want to go through surrogac...

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

The five-minute complaint and the five-day investigation

The five-minute complaint and the five-day investigation

GSI Group CEO on complaints, AI and the latest set of FOS reforms

Mark Buck
clock 12 August 2026 • 5 min read
Andrew Goodwin: The advice gap - an embarrassment of riches?

Andrew Goodwin: The advice gap - an embarrassment of riches?

Andrew Goodwin: The advice gap - an embarrassment of riches?

Andrew Goodwin
clock 12 August 2026 • 4 min read
New Talent Alliance launches financial advice careers guide

New Talent Alliance launches financial advice careers guide

Designed to attract new entrants into the profession

Sophia Panayi
clock 11 August 2026 • 2 min read