Episode #76: Divorce financial planning during a cost of living crisis

In this episode, Kate was joined by Louise Oliver, a Certified Financial Planner and Chartered Wealth Manager to discuss financial planning and divorce during a cost-of-living crisis.

Louise has worked in the financial services sector for over 30 years. Throughout her career, she has regularly featured as a financial expert in the media, including across the BBC, Moneybox and local radio. They began this episode by discussing the value a financial planner can bring to discussions during divorce and separation. Louise explained the importance of being pragmatic, and willing to tweak your agreements as you move through the process. They looked at the impact of fluctuating asset valuations, especially during a cost-of-living crisis, and the importance of making sensible investments that reflect your attitude to risk. Louise made the point that different types of assets react differently to the varying market conditions and the importance of having a mix of different assets when you separate finances after divorce. They also explored options around the family home, maintenance payments and pensions.