Lawyer Jayne Martins looks at the pension sharing options clients have when going through a divorce...
When people get divorced there is a lot to think about so it is understandable that some people, particularly those in their thirties or early forties, concentrate on what happens to the family home or the children and overlook their pension pots even though these can often be one of the most valuable assets in any marriage, if not the most valuable. For example, even a modest final salary pension scheme can be worth more than the family home. It is therefore essential that professional advisers highlight to their clients the dangers of failing to prioritise pensions on divorce because ...
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