Often in cases where there is a long marriage with good financial planning, the pension pot can be a significant and valuable asset.

When divorcing it is therefore vital to make sure this asset is considered carefully and advice on the legal options is sought.  The options include pension sharing, pension attachment and pension offsetting.  Specialist advice from an actuary/pension advisor can also be needed to ensure the amount shared is fair and creates equality of income, pension value or appropriate offset.  An actuary can also assist with calculating what proportion  of the pension is available for division, if there are suggestions that elements should not be taken into account as they are pre marital or post separation, when there is relevant and fair.

If you need any advice on the financial consequences of divorce please do not hesitate to contact me.