Pensions and divorce — planning for the future in three key points

The new tax year brings new opportunities for pension savers. With the abolition of the lifetime allowance (LTA) from April 2024 and a raft of generous measures in the meantime, the future is looking brighter for many. One group to focus on is those who have or are soon-to-be, divorced. The breakdown of a relationship is always difficult and deciding how to share assets is often contentious. Here are three key points to think about when guiding your clients through the tricky process of splitting their finances in the 2023/24 tax year and beyond. Fund split matters Pension sh...