Nearly one in three (31%) couples have secret savings or investments that they have deliberately not revealed to their partner.

According to research from Prudential, these secret savings can reach quite a total as 7% admitted to keeping over £50,000 ($68,000) stashed away.

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In addition, 34% of couple admitted that they just don’t want their partner to access all of their money and 22% do not trust their partners to make the correct financial decisions and therefore want to keep control.

There must be trust issues in a relationship when even salary is kept a secret; 44% admitted that their salary is higher than what they have told their partner it is. 21% said that their partner has no idea how much they earn and 19% hid financial issues such as debt.

The gender trust gap

Men are more likely to hide money or keep secret savings as 33% of men kept a stash compared to 28% of women.

However, women are twice as likely to have money stored away in case a break-up; 15% of women had money stored away for this while only 6% of men did.

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Kirsty Anderson, retirement income expert at Prudential said: “Saving money is always a good idea but doing it so you are protected in the event of a relationship breaking down means missing out on potential tax benefits.

“At any stage of a relationship it is important to have open and honest conversations about finances, but it becomes especially relevant when approaching retirement as decisions made then will impact the rest of your life. Paying off debts in retirement can have a serious negative impact on how far your pension savings go, so have the conversation now and try to clear these debts while you are still working.

“Couples approaching retirement should consider speaking to a financial adviser about their income and working out a plan for funding their lifestyle. It is vital to open up with each other about any secret savings or debt in advance though!”