April’s changes to divorce law could cut the number of cases where pension wealth is fairly shared at the time of divorce, according to a new warning.

Divorce was the second biggest cause of a derailment of retirement plans according to the Great British Retirement Survey, but financial advice is often not taken during divorce proceedings.

Changes in divorce laws which come into effect next year could lead to unnecessary financial hardship according to retirement advisory specialist LEBC.

The latest data suggests that only 14% of divorcees are splitting retirement assets when they break up, according to a national wealth manager.