Pensions and Divorce

Pension funds are often the largest asset of marriage after property. A wife might expect that:

• she will benefit from her husband’s pension when he retires
• if her husband dies before she does, she may be entitled to an income from his pension provider if applicable.

The courts have the power to take pensions into account in dividing up the matrimonial assets. For example, a husband may have a substantial pension, whereas his wife stopped work to raise children which has limited her pension provision. Similarly, if the wife has the larger pension, then the husband will need to pursue the matter through the courts.

If going through a divorce, in addition to legal advice, it is critical you receive professional financial advice, from a qualified IFA.

Our advisors exercise absolute discretion when handling such sensitive cases. Call 0845 600 6080 or email info@rbaifa.co.uk if you have a question or would like to receive advice.