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Splitting the pension pot

Splitting the pension pot
Published on: 21 February 2013
Published by: LexisPSL
  • Splitting the pension pot
  • What are the key concerns surrounding the allocation of pension assets in divorce cases?
  • What are those pensions actually going to pay on retirement?
  • What are the underlying benefits of the pension scheme?
  • What are the central legal principles underpinning pensions in divorce?
  • What dangers are there for lawyers in cases where there are substantial pension assets? Should independent expert advice be sought in all such cases?
  • There is a fine line between legal and financial advice—how can lawyers ensure they keep on the right side of the line?
  • Are lawyers liable in cases where the allocation of pension assets is found to be incorrect?
  • How can family lawyers improve their service in relation to pension assets in divorce, and what should they be brushing up on now?

Article summary

Family analysis: According to a report from Divorce LifeLine, in up to half of UK divorce settlements since December 2000, pensions may have been undervalued. Beverley Morris, a partner with Birmingham firm Divorce & Family Law Practice LLP, explains the potential problems surrounding the allocation of pension assets in divorce. or take a trial to read the full analysis.

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