Divorce: Why pension sharing is now more important than ever

Pension sharing on divorce can be done in three ways

clock • 4 min read

Lawyer Lisa Pepper explores pension sharing and divorce, explaining the three ways pensions can be split after a split...

Pensions are typically one of clients' most substantial financial assets yet, when it comes to divorce, they continue to be ignored. Despite rising divorce rates, figures suggest that as few as one in five couples leaving a marriage or civil partnership consider sharing pensions when they split. With changes in the chancellor's Spring Budget - raising the limit on tax-free pension contributions to £60,000 per year from next month and scrapping the £1.07m lifetime allowance (LTA) from next April - having a formal financial agreement on divorce, which takes pensions into account, is mor...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Why the real problems of the pensions dashboard are yet to start

Why the real problems of the pensions dashboard are yet to start

'Its aims seem not only less relevant but potentially problematic'

James Floyd
clock 23 June 2025 • 5 min read
Turning data into dialogue: Helping clients visualise retirement realities

Turning data into dialogue: Helping clients visualise retirement realities

'Data is more than just a collection of figures, it's a powerful tool for engagement'

Joshua Croft
clock 20 June 2025 • 3 min read
Average pension transfer took just 11 days at tax year-end

Average pension transfer took just 11 days at tax year-end

Origo says transfer times decreased around tax year-end with half taking seven days or less

Jasmine Urquhart
clock 17 June 2025 • 2 min read