Pensions & Divorce

What’s the importance of pension splitting?

All pensions are basically current and/or future income and are valuable assets which will form part of the marital assets subject to negotiation based upon the nature of the pension, the length of the marriage etc.

Advice should be taken from specialist pension advisers or actuaries before being divided.

How are pensions divided in a divorce?

The division of the pension asset will be made according to circumstances.

What is different about an armed forces pension?

Armed forces pensions, and to an extent police pensions, are in essence the same as any other but they are usually more generous as they are paid before normal retirement age