As couples navigate the challenging terrain of divorce, one often overlooked yet critical aspect is the division of pensions. Pensions represent a substantial financial asset for many couples and can significantly impact each spouse's financial security post-divorce. Danielle Cobb, Family Lawyer, gives her insights on the crucial role of pensions in divorce. The division of pensions in divorce is a crucial aspect that requires careful consideration. Pensions are often one of the most … [Read more...]
Divorce and the implications on your pension
It has been well documented that the new ‘no-fault’ divorce legislation has been implemented to try and achieve a less acrimonious separation between parties getting a divorce. It has been suggested that this in turn may lead to an increase in the divorce rates. Although divorce and pensions are treated as separate entities by the matrimonial courts, instigating divorce proceedings can lead to financial problems if parties do not understand the implications a divorce can have on your … [Read more...]