The importance of pensions is now recognised when discussing divorce settlements. This applies to all types of pension, state, occupational or personal.
We have specialist pension advisers who can help with the transfer of pension funds once a divorce agreement has been reached.
Here at pension comparison we offer a free initial consultation and a no obligation promise to anyone who completes our enquiry form.
If you are currently divorcing, the Court is required to take your pension rights into account.
Through the court, a divorcing couple can choose to, balance the pension rights against other assets, eg the house. Arrange that when the pension eventually comes into payment, a percentage will be paid to the other party ( Pension Earmarking). Alternatively you can divide the pension now giving both parties their own pension. ( Pension Sharing).
Firstly you need to know what you and your former partners pensions are worth. This will mean that both of you will need to ask your pension providers for valuations, and transfer values. We can obtain these for you, but we will need your written authority.
Your former partner will not have any right to know what your pension value is without your consent, and visa verse.
Don’t forget at pension comparison, we offer a free initial consultation and a no obligation promise to anyone who completes our enquiry form. If you would rather you can ring us free on 0800 634 3326, to discuss your pension on divorce options.
