Pensions and divorce: do you know your rights?
- AuthorLiz Graham
For many couples involved in divorce proceedings the parties’ pension provision can form a very significant asset of the marriage. The Pensions Advisory Service (TPAS) has reviewed its online website content on pensions and divorce, and has developed a dedicated document on the topic. The document aims to help highlight and debunk some of the myths surrounding pension provision and divorce, explaining what the real options are and how it all works, both before and after a divorce. TPAS says that many people are misinformed or have limited knowledge about how pension rights can be dealt with during and following divorce.
In 2014, it was reported that there were 111,169 divorces in England and Wales, with the highest among men aged 45-49 and women aged 40-44 (ONS: 2014). The issue of pensions remains a significant topic for pension savers going through the process.
See https://www.pensionsadvisoryservice.org.uk/ to view their document, and for expert and tailor made advice talk to one of our specialist family lawyers.
If you would like any further advice regarding this, or any other, family law issue please contact Liz Graham, Head of the Family Department, via firstname.lastname@example.org or call 01476 512603.