Pensions: The overlooked asset in divorce settlements?

Practical steps to narrow the divorce pension gap

clock • 5 min read

Legal expert Alistair Myles highlights that 71% of divorce settlements do not consider pension assets, often to the detriment of women...

Recent research by the Pension Policy Institute (PPI) and workplace pension provider Now:Pensions highlights a significant gender disparity in pension outcomes in divorce settlements, an issue which should give family lawyers and financial advisers pause for thought. On average, divorced women hold approximately £400,000 less in pension savings than divorced men, and receive an annual pension income of £13,893 - just above the minimum retirement living standard of £13,400. Divorced men, by comparison, receive around £18,793 per year. For financial advisers, particularly those advisi...

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