Half-century-old divorce law on asset splitting set for review

The UK government is set to commission an extensive review of 50-year-old legislation that determines how financial assets are split after divorce in England and Wales.

The Matrimonial Causes Act 1973 has been criticised as uncertain and unpredictable with spouses often turning to costly litigation due to a lack of clear guidance on how wealth should be divided.

Read the full article here: Financial Times

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