Legal insight: A guide to the division of pensions on divorce

'Even a modest DB pension can be worth more than the family home'

clock • 4 min read

Lawyer Jayne Martins looks at the pension sharing options clients have when going through a divorce...

When people get divorced there is a lot to think about so it is understandable that some people, particularly those in their thirties or early forties, concentrate on what happens to the family home or the children and overlook their pension pots even though these can often be one of the most valuable assets in any marriage,  if not the most valuable. For example, even a modest final salary pension scheme can be worth more than the family home. It is therefore essential that professional advisers highlight to their clients the dangers of failing to prioritise pensions on divorce because ...

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

HNW individuals call for pension reforms and tax changes

HNW individuals call for pension reforms and tax changes

Almost nine in ten want to see pension reforms, Saltus finds

Isabel Baxter
clock 13 May 2024 • 1 min read
FCA/TPR value for money framework a 'key priority' for 2024/25

FCA/TPR value for money framework a 'key priority' for 2024/25

Regulatory duo first announced a plan for common measurements in 2022

Hope Coumbe
clock 10 May 2024 • 1 min read
NAO finds estimated cost of dashboards has risen £54m

NAO finds estimated cost of dashboards has risen £54m

'The DWP must learn lessons from what happened on this programme'

Holly Roach
clock 10 May 2024 • 3 min read