John Humphreys: Tax advice and the 'Silver Splitter' generation

Government figures published this autumn indicate that divorce rates are falling. While good news at first glance, dig a little deeper and it seems this is sadly not the case for the over-60s. In the baby-boomer generation divorce rates have actually increased, leading to the rather unfortunate nickname ‘Silver Splitters'. Advisers will be well aware that, with divorce, comes a whole host of financial dilemmas and planning needs. Given an estimated 42% of marriages in England and Wales end in divorce, advisers are likely to find themselves guiding newly-single clients many times througho...