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Pensions & Divorce

Not everything always goes to plan, and when the endpoint is divorce, one issue can get forgotten. Record transfer levels of final salary pension schemes over recent years have meant that for some people, pensions have become the most valuable asset to consider in divorce settlements. However, with immediate stresses and priorities often obscuring consideration of the long term access to pension savings, they can be overlooked. There are three main ways in the UK of dealing with splitting pensions due to divorce, so make sure you take advice and know which will suit you.