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Posts Taggedsilver splitters

Pensions and Divorce

August 25, 2017  |   Posted by :   |   Blog

Divorce rates for the over 60s are increasing, and for this age-bracket in particular it’s likely that pensions will play a significant part of the pot of assets to be divided during separation. According to a report from the International Longevity Centre, the number of ‘silver-splitters’ increased by 85% between 1990 and 2012, with an estimated 22,000 divorces predicted by 2037 for the over 60s age-group. Financial experts are concerned that many women of this age are failing to take their partner’s pension into account when negotiating divorce settlements, impacting significantly on their post-retirement income and resources. When accounting for individual and joint assets it’s vital to include pensions in financial negotiations as ...

You’ve Made it to Retirement, Now is it Time for a Divorce?

August 21, 2013  |   Posted by :   |   Blog

According to the Office for National Statistics the divorce rate for the over 60s has risen by three quarters over the last 20 years - an increase attributed to extended life expectancies, financial independence, and a more relaxed attitude towards divorce from the baby boomer generation. The figures also showed that men of retirement age are just as likely as women to file for divorce - a balance that is not seen in other age groups where men are instigators of divorce in just 30% of cases. The number of 'silver splitters' (argh, not our buzzword!) has jumped up from around 8,500 per year in the early 90s to over 15,000 in 2011. The ONS suggested ...

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