Steve Berry: Common-law marriage doesn't exist

According to the ONS, as of 2016, there are 3.3 million cohabiting couples in the UK and around 1.25 million have children. However, despite what many think, common-law marriage doesn't actually exist and the majority of financial regulations are geared towards married couples. With this in mind, cohabiting couples, especially those with children, must ensure that their finances are sufficiently protected should the worst happen. Every pound lent should be protected, so when advising clients who are cohabiting, as with all clients, we recommend all of our brokers ensure the protect...