Five thousand Financial Planners and financial advisers have shown interest in the divorce and separation market - estimated to be worth around £500m annually, according to a report from a family justice organisation.

Paraplanners heard detailed technical advice on dealing with pensions in divorce cases at the CISI Paraplanner Conference in Hinckley this afternoon.

A London-based private wealth firm believes that more women are set to seek financial advice due to the growing complexity of divorce settlements.

Divorces between couples aged over 65 have increased by almost 40%, according to new research released by the Office for National Statistics.