Guide to Pensions on divorce

Guide to Pensions on divorce

How do you navige through what may be uncertain territorry during this emotial time?

If you’re going through a divorce, dividing up any pensions you have will usually be one of the largest financial decisions you need to make. Agreeing financial  arrangements in your divorce can seem daunting; there are so many misconceptions and myths as to what each party is entitled to that it gets confusing. The rules surrounding dissolution of a registered civil partnership are the same as those for divorce. In this guide, we use the term ‘divorce’ to mean the end of a registered civil partnership as well as the end of a marriage.


The most common question people ask is: ‘Do I need to share my pension?’

There is no simple answer to this question as it will depend on other factors.

  • What other assets are available to be shared?
  • What is the value of your pension?
  • Does your spouse have savings, investments and pensions in their own name?
  • Are you willing to ‘offset’ the value of other matrimonial assets to enable you to keep your pension?

It’s important to understand that pensions are an asset in the same way as your house or other savings. In many cases, the personal or workplace pensions of you and your partner will be taken into account when a divorce financial settlement is worked out.

If you would like to discuss how we can help you make informed decisions through this diffcult time, please contact us.

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