Divorce

Regrettably many relationships come to an end resulting in divorce following complex proceedings within the court process. Following this life changing event many individuals will find themselves in different circumstances and with changed financial obligations, resulting in the need to seek professional financial advice.

The pension scheme is usually one of the largest financial assets of a marriage, excluding the marital home, and its treatment following

divorce requires careful consideration and advice. Generally there are three ways of dealing with pensions in the event of divorce, specifically these are, offsetting, ear-marking and pension sharing arrangements, each requiring advice following the court decision. Other aspects of financial planning such as life protection arrangements may also need to be addressed.

Following the pension sharing order we can provide advice on the investment strategies and the funding of future pension arrangements.

A pension is a long term investment. The fund value may fluctuate and can go down.

Contact us today on 01424 844243 or via our contact page for an unbiased review of your protection policies or other financial affairs.