Pensions and divorce: Why financial advice is a 'game changer'

Talking to a financial adviser helps achieve fair outcomes

Jenna Brown
clock • 6 min read

Achieving a fair financial settlement at the end of a gruelling divorce process, including the division of pension assets, is achievable for more splitting couples if financial advice is part of the process, writes Jenna Brown

While not on the best seller list for 2024, as yet, the second edition of The Guide to the Treatment of Pensions on Divorce is hot off the press. This is essential reading for professionals involved in the divorce process and provides insight, guidance and a framework for how pensions should be treated as couples divide assets. Royal London pensions and legal expert Clare Moffat was at the launch event of the publication and explains the guide was originally produced as there was a problem with family courts not being familiar with pensions despite it often being the largest pot of mo...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

FCA: Most firms unable to meet bereavement claims performance levels

FCA: Most firms unable to meet bereavement claims performance levels

Call for improved bereavement handling times

Cameron Roberts
clock 22 November 2024 • 3 min read
ETF providers launch unlisted share classes to tackle slow MPS adoption

ETF providers launch unlisted share classes to tackle slow MPS adoption

Technological and cost barriers

Valeria Martinez
clock 22 November 2024 • 5 min read
Advisers expect regulation to limit time taken on giving advice

Advisers expect regulation to limit time taken on giving advice

Industry expects it will constrain their ability to meet demand

Isabel Baxter
clock 22 November 2024 • 2 min read