Simon Blain writes for the FT Adviser on ‘How to split the pension on divorce’
Family Partner, Simon Blain writes for the FT Adviser, on the complex area of splitting pensions as part of divorce proceedings.
Following the recent report by the Pension Advisory Group “A Guide to the Treatment of Pensions on Divorce", Simon explains the different ways pensions can be treated in financial settlements and highlights some of the pitfalls to be avoided in the process.
For twenty years the family courts in England and Wales had had the unique power to share pensions on divorce. In some cases, pension sharing can be a helpful, and tax-efficient aid to settlement.
To find out more, the full article can be read here.