Its a very important issue to highlight when you are getting divorced ....what is the pension worth ? Pensions are assets which can carry significant capital value and can be vital as income generators at a point when you want to retire .The Court has flexibility to deal with pensions in several ways in a divorce settlement so advice from your solicitor about this is essential .At Freeths we deal with such cases on a daily basis so if your relationship is ending contact us before you make any pension changes which might affect you in the future
Ignoring the pension in a divorce could have devastating consequences for your income every single year after you retire .Divorcees retiring this year typically expect to be £3,800 worse off annually than people retiring in 2018 who are married, research has discovered. The average expected annual income for divorcees retiring in 2018 is £17,600 compared with £21,400 for those who are married.
https://www.mirror.co.uk/money/how-divorce-costs-women-3800-12074948
