L&G Retail launches adviser handbook on later life divorce

To help support advisers dealing with clients going through a divorce

Jenna Brown
clock • 1 min read

Legal & General (L&G) Retail has launched an adviser handbook to help IFAs assist clients who are going through a divorce in later life.

Divorce in later life: the expert's handbook has been written for advisers and features insight on how to talk to clients who are ending a marriage in later life. The provider said the free guide could help advisers drive fairer financial outcomes for separating couples when dividing assets, such as pensions and property. It said the resources had been developed following recent research into later-life divorce which showed that only 12% of divorcees over 50 consulted a financial adviser, which can have long-term financial implications. Two in five divorcees (41%) felt that the outcome o...

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 Pensions

FCA targets pension transfers and SIPPs in major review

FCA targets pension transfers and SIPPs in major review

Regulator launches review of DC pension rules

Isabel Baxter
clock 13 December 2024 • 4 min read
Why wait for targeted support? Industry can build client confidence now

Why wait for targeted support? Industry can build client confidence now

'The power of compound interest should not be underestimated'

Andrew Tully
clock 10 December 2024 • 3 min read
Time is of the essence for pension transfers, advisers say

Time is of the essence for pension transfers, advisers say

More than half highlighted that they are taking one to six months

Isabel Baxter
clock 28 November 2024 • 3 min read