SSAS expert Caitlin Southall shares her insight on what happens to their pensions should clients go through a divorce...
The first Monday in January is also known as ‘Divorce Day', being the single most common date for divorce enquiries. Of the available statistics for 2024, divorce rates appear lower than the previous year, with January-March showing an 11% decrease in the number of divorce applications made (27,908). However, due to processing issues, the government has been unable to issue further divorce statistics for the balance of the past year. Whilst this is not a day to celebrate, it is a timely reminder that pensions should be considered when going through a divorce and splitting assets. Pens...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
