Divorce: A look at the important role that financial advice plays

The Financial Vulnerability Taskforce (FVT) recently published a good practice guide, highlighting the range of vulnerable circumstances arising from the impact of divorce. The taskforce also underlines the increasing need for joined-up and collaborative professional advice, especially in the wake of the introduction of the no-fault divorce in April this year. People tend to be familiar with the concept of enlisting legal support to help navigate their divorce process but are much less likely to consider the need for a financial planner. The FVT guide highlights that 61% of people aged f...