Is all fair in love and war?

One statistic showed that going through a divorce had little effect on an individual's hopes and aspirations, nonetheless, the breakdown of a marriage or de facto relationship can be an incredibly stressful time, not least because one in two divorces involve children. With around 40% of marriages ending in divorce, awareness of the importance of superannuation can help to reduce the stress and financial impact of legal separation. What divorcees need to realise is that superannuation should be treated as a type of asset, in the same way that you would your house or possessions.

The report also unearthed some interesting facts on when and where divorce is most common:

â— January is the most popular month of the year to start divorce proceedings

â— Queenslandis the divorce capital of Australia per capita (2.5) while the Northern Territory has the lowest rate of marriage breakdowns in the country (1.5)

â— The nine year itch has replaced the seven year itch

â— It takes an average of three and a half years to go from separation to divorce

View the full infographic, The Hidden Super Cost of Divorce, here.