Pension Planning and Divorce

Pensions are always a big topic in divorce cases. After the family home, they are often the most valuable asset in the family pot. Working out how to properly value a pension for the purposes of negotiations in a financial settlement can be difficult and it is common for divorce solicitors to use a pension expert to help. 

I have had the opportunity of speaking to Andrew Potter, the Director of Pensions at Salisbury Financial Services to find out about..

How Are Pensions Approached in Divorce?

Many of my clients describe a big concern about the uncertainty around the financial outcome of their divorce. They worry about what financial settlement they will receive and whether this will be sufficient for them to move forward with their life.

Before negotiations can begin to reach a financial settlement, the couple divorcing need to collect together full details of their financial positions. I often get asked questions about how pensions are taken in to account in a divorce.


Getting Divorced? Don’t Forget To Consider Your Retirement Plans…

During their marriage, couples may well have discussed ideas for a joint retirement plan, perhaps agreeing at what age each will retire, and what they both want their life to be like in retirement.

Plans may have been put in place some time ago, including steps for financial planning, e.g. saving money to retire to live in the countryside etc.

Unfortunately, however, should the couple divorce, these plans will now be turned upside down. I work with clients of all..