Why pension sharing orders can help avoid 'retirement peril' for women

Pension sharing orders

clock • 4 min read

Lawyer Jim Richards looks at the world of pension sharing and divorce and shares insight with advisers on how to help clients get their fair share when a marriage ends...

Retirement and pensions, much like life insurance, are not something many of us care to think about when we should and vidence dating back to the 1990s shows the effect of a relationship breakdown on the position women find themselves in later life. It makes grim reading. The original research showed that on retirement, 40% of women were living in poverty.  Doubtless, there were many explanations for this, but the distinguishing characteristic from their husbands, former husbands that is, was that the men generally speaking had far better pension provision and fewer lived in poverty in o...

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