Close Brothers recently acquired Novitas Loans ltd, a Salisbury-based firm which is a leading provider of loans to the legal sector. Below Jason Reeve, Director at Novitas, shares his views on whether it's time for reform of divorce law:
"Recently, The Guardian published an interesting article tackling the clear requirement for reform of divorce law.
In some ways, the current system may feel antiquated as it does not allow, for example, for on-line divorce or for people to divorce on a ‘no-fault’ basis.
However, changes would require primary legislation, and recent contradictions in ministerial announcements make it difficult to implement new processes when there is no clarity around what shape the reformed law might take. We will have to continue to see what the future holds."
The process of obtaining a divorce should be completely separated from a couple’s disputes over money, according to the most senior family judge in England and Wales.