Getting input from a financial adviser during the early stages of a divorce can boost client outcomes especially when it comes to pension sharing, a family lawyer has said.
Speaking during a Personal Finance Society (PFS) webinar Financial planning on divorce and separation Mills & Reeve partner Alison Bull said lawyers and mediators should work in collaboration with advisers during the divorce process to secure good outcomes for the parting couple. She added pension sharing was a "key" area where advisers could assist clients. Bull said: "A key role to for IFAs is pensions sharing. It is really important. Pensions can be the most significant asset in the case and should not be ignored." The lawyer added that IFAs' knowledge was crucial when dividing ...
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