The majority of financial advisers are looking to increase their knowledge of pre-nuptial agreements as the number of clients seeking to protect their financial assets grows, a survey from law firm Blake Morgan has shown.
According to the firm, four fifths of advisers want to increase their knowledge to aid in client servicing – a third more than those who said the same in 2017. It comes at a time when economic and financial uncertainty is at an all-time high, prompting more individuals to consider how pre-nuptial agreements could be used to protect their interests.
The survey also found over a third of advisers had seen a rise in the number of cases where a nuptial agreement would benefit a client.
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 advisers approaching us for advice on setting up pre-nuptial agreements for support in protecting their assets. We’re working with advisers to equip them with the knowledge and expertise needed.”