Financial advisers across the UK are looking to increase their knowledge of pre-nuptial agreements, indicating a rise in demand from clients looking to protect financial assets in marriage, law firm Blake Morgan has found.
The firm found four-in-five (80%) of financial advisers are looking to increase their knowledge of pre-nuptial agreements to aid in client servicing – a third more than in the previous iteration of the survey, which was published in 2017.
The survey also found over a third of financial advisers had seen a rise in the number of cases where a nuptial agreement would benefit a client.
At a time when uncertainty about the future seems at an all-time high, individuals, families and professional advisers have an increasing appetite for understanding personal circumstances and how the law can be used to record agreement about how certain scenarios should play out.
Catherine Morgan, legal director at Blake Morgan, said: “There’s no question that the current economic climate is causing people to think carefully about their finances, and this is especially true in marriage.
“We are seeing a rise in the number of individuals and financial advisers approaching to us for advice on setting up pre-nuptial agreements, to support in protecting their assets. We’re working with advisers to equip them with the knowledge and expertise needed.”