Financial advisers who are not accredited in family law are missing out on the divorce and separation market, estimated to be worth £500m a year in England and Wales, according to a new report.

More than one in 10 divorcees (11%) have either delayed or forgotten to remove their ex-partner from their wills and financial products, according to a new report.

One in six (17%) of divorces in the last five years were postponed due to financial pressure according to new research, with the majority of splitting couples declining to use a financial adviser.

Over two thirds (67%) of high-net-worth (HNW) women have seen their net worth increase when divorcing their partners, according to a new report.