High earning couples spurn pre-nuptial agreements

A survey of high earning couples has found that most do not want a "pre-nup" when they marry.

11:15 30 December 2004

A survey of high earning couples has found that most do not want a "pre-nup" when they marry.

Despite a number of high profile celebrity break-ups and a rise in divorce, it appears that wealthy couples have a traditional attitude to money when married.

The survey of Lloyds TSB Premier Banking customers, who each have a combined income of more than 80,000, found a traditional but practical approach to money matters among high flyers.

More than two thirds of those asked combined their finances with joint current accounts and only around 15 per cent said they would consider asking for a pre-nuptial agreement.

And, openness goes further with almost all respondents saying they knew what their partner earned , or what their overall financial worth was.

Mark Cheshire, director of Lloyds TSB Premier Banking explained: "Rich Brits are abandoning financial coyness in favour of the convenience of shared finances such as joint accounts."

And, it would appear that this openness may benefit relationships as a whole.