ASIC launches new divorce and separation resources

ASIC launches new divorce and separation resources to support financial decisions

'A relationship breakdown changes many aspects of a person's life, including their finances. This can leave people feeling stressed and overwhelmed and make it difficult to focus on financial decisions', said Mr Peter Kell, ASIC Deputy Chairman.

'The new resources can help sort out money issues and guide people through the financial uncertainty they may be facing when a relationship ends, by providing practical steps to separate finances,' added Mr Kell.

The divorce and separation financial checklist and asset stocktake calculator will provide guidance on:

·      making informed financial decisions at the time of a relationship breakdown;

·      separating finances and getting money on track post separation and divorce and;

·      commencing the property settlement process by providing a summary of assets and debts.


Read the media release in full here