In 2011, according to the Office for National Statistics, there were some 118,000 divorces in England and Wales.
Each of those events will have needed the two parties, together with their Lawyers, to arrive at a financial settlement.
There are no readily available numbers but we can safely assume that many tens of thousands of those divorce settlements will have included a court order sharing one of the couple’s pension arrangements with the other.
So what exactly does the recipient of a Pension Sharing Order have to do?
We have prepared A Guide to Your Pension Sharing Order to help answer the all important questions that arise.
The Informed Choice Pensions & Divorce Guide 2013-14
What choices will the divorcee have? Will they need to establish a private pension plan of their own?
How will they make any investment decisions about their pension share?
And if they need immediate benefits from their pension share how exactly should they go about doing that?
The guide is free of charge and available to download here as a PDF.
The Informed Choice Pensions & Divorce Guide 2013-14
Alternatively, get in touch here and we will post you a free copy.
If you have been divorced or expect to be in 2014, this guide is going to be very helpful reading for you and your legal adviser.
