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...

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