22nd January 2020
Prudential Pensions and Divorce
Going through a divorce is a difficult time, both emotionally and financially. Good financial advice can bring benefits, not only when splitting the marital assets, but also in the future when retirement takes place.
It’s important to understand the mechanics of sharing marital assets, and how tax rules and pensions legislation would apply. Some key points are:
- What are the options for sharing pension benefits following divorce?
- What are the extra considerations for pensions already in payment?
- What plans can be made for who will benefit from shared pension rights on death?
Les Cameron, Head of Technical at Prudential discusses pensions and divorce in their recent edition of Oracle. Read full article here.
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