David Downie: The crucial role of advisers (and cashflow models) in 'no fault' divorces

Is this the end of the blame game?

clock • 4 min read

As a new Act is expected to spark an increase in divorces, the need for actuarial support and straightforward financial advice rises too, explains David Downie

Is this the end of the blame game? In April next year, the Divorce, Dissolution and Separation Act 2020 - designed to allow married couples in England and Wales to issue divorce proceedings without assigning blame - comes into force. Under the current law, one spouse must effectively accuse the other of being responsible for the ‘irretrievable breakdown' of the marriage, perhaps due to adultery or desertion. However, the new Act, dubbed the ‘no-fault divorce' Act, means a married person can wake one morning, ask their spouse for a divorce, and proceedings can begin. Divorces will b...

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

Why documentation is king in the world of SSAS

Why documentation is king in the world of SSAS

'SSAS documentation - it isn't just best practice or a fiduciary requirement'

Caitlin Southall
clock 04 July 2025 • 4 min read
Steve Webb: Sceptical advisers should not give up on pensions dashboard

Steve Webb: Sceptical advisers should not give up on pensions dashboard

‘A big mistake to underestimate the impact it will have’

Jenna Brown
clock 03 July 2025 • 3 min read
What role can advisers play in closing the gender pension gap?

What role can advisers play in closing the gender pension gap?

Advisers are uniquely placed to influence the gender pension gap

Olivia Perry
clock 02 July 2025 • 7 min read