A quick Google search shows that 42% of marriages in the UK end in divorce, but with the additional pressures that COVID-19 has presented the nation, this figure is likely to increase.

Some 42% of marriages in England and Wales end in divorce and many make big mistakes when dividing the assets. What seems like a good idea for the short term, may have a detrimental effect in the longer term.

Women often have an emotional attachment to the family home when dealing with divorce but this can have disastrous financial consequences.

In my experience, women often ignore the question of their partner’s pension and, understandably, focus on the family home which provides security at a very difficult time even though it may not be the right thing to do for their long term financial health.

Dealing with financial problems for the first time can be extremely daunting and when they are part of a divorce settlement the emotional pressure can seem overwhelming.