Pensions on Divorce
A pension is one of the most valuable assets in a divorce case.
Your divorce solicitor can help advise you about:
- Your rights and claims in respect of any pension provision your partner may have and how to protect your pension if there is a divorce.
We acted for a husband on a divorce, who at the time of separation had a pension of £500,000. He was advised at the time to deal with the financial issues, to include a clean break so that his future pension provision was protected.
However, the husband moved and decided to deal with the financial issues following his separation another day. 8 years later, his wife started divorce proceedings. The husband was successful, and his pension was now worth £1m.
Naturally his wife now wanted 50% of £1m. This causes a real dispute between the couple a judge needed to decide whether the husband should be given credit for his post separation pension accrual.
The case involved pension experts to look at different calculations about what ‘sharing’ would actually mean between different dates, especially given the length of separation. The risk to the husband was that all of his pension would be ripe for sharing. But we were able to successfully argue that the wife’s claims should be limited to sharing only 50% of the pension accrued during the marriage years.
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How can we help you?
We are experts in this field of divorce and finances. A lot of our work involves pensions on divorce, and we have years of experience in dealing with complex pension schemes. We have a strong team of divorce solicitors to help you and to achieve the best financial outcome.
We are ranked in Tier 1 of the Legal 500 independent directory to the legal profession for family law for 2023 and preceding years.
Divorce finance lawyers you can trust
Maguire Family Law are experts in all aspects of divorce finance law and we can inform you of your legal rights and the strength of your case. We’ve helped so many people in so many varied situations, there’s no problem too big or small for us to assist you with.
Contact us for a no-obligation assessment of your case.
We are rated in Tier 1 of the Legal 500 – a law firm you can trust.
Our friendly team are experts in international family law.
We have an award-winning team of solicitors to help you.