The number of people getting married in their 60s has significantly increased, according to new official statistics.
The data for England and Wales, published on the Office for National Statistics (ONS) on 11 June, looked at marriages that took place in 2012. Its analysis revealed that marriages among men and women aged 65 to 69 shot up by 25 per cent and 21 per cent respectively on 2011, the largest percentage increase in any age group.
Most marriages took place in the 25 to 29 age group but the average age for men marrying in 2012 was 36.5 and 34 for women. The average for both men and women has increased by almost eight years since 1972.
The ONS also said that an estimated 42 per cent of marriages would end in divorce, with around half of those marriages expected to occur in the first ten years of marriage.
While the increase in older people marrying is an interesting trend, if these marriages do end up in divorce they are likely to have more substantial assets. These may include pensions, which can form an important part of the marital asset pot and can be a significant factor in achieving financial settlements.
Surjit Verdi, said: “When a marriage breaks down, reaching an agreement on financial arrangements can be challenging.
“Whether decisions have to be made about what is going to happen to a pension, a family home or a business, and the level of any maintenance payments, we can assist in reaching a negotiated settlement.
“If the matter does need to proceed to court, we guide you through the court process and help with achieving a fair outcome. For more information, please contact our Family Law team.”