Eddie the Eagle's case shows greater clarity needed over finances

Comment Piece

06 Sep 2016

The famous Olympian's divorce settlement has underlined why reforms are needed to the family justice system, to give couples greater financial clarity, a leading family law organisation has said.

Speaking in response to Eddie "the Eagle" Edwards' recent interview, where he revealed he'd lost around 85% of his wealth following his divorce, Resolution's Chair Nigel Shepherd said:

“It’s refreshing to see how philosophical Eddie is about his divorce settlement – despite losing the majority of the earnings from his latest venture. When there are children involved, as in this case, it’s right and proper that their interests are at the heart of any award made.

“It’s also a reminder that there should be greater certainty and guidance for people entering the court system, so they are more aware of the potential outcomes and consequences before they start. This is one of the reforms we call for in our Family Law Manifesto.

"This should also encourage more couples to try to resolve matters away from the courts, through mediation, a collaborative process, or simply by negotiation between their solicitors.

“Without these reforms, I fear our family justice system could, much like Eddie the Eagle in 1988, be on a slippery slope."