Family law solicitors across England and Wales have welcomed the new publication “A Guide to the Treatment of Pensions on Divorce.”
The document, published by the Pension Advisory Group (PAG), aims to provide clear and comprehensive guidance on how to treat pensions in a divorce settlement.
Pensions are a complex and often substantial asset, therefore it is crucial that both lawyers and judges know how to handle pensions on divorce, to ensure that both parties receive a fair and just provision in later years.
Incorrect sharing and inconsistencies within the court system has led to confusion amongst lawyers and unfair outcomes. The new guide is essential in harmonising financial settlements, to ensure professionals are able to appropriately advise their clients and effectively manage financial settlements.
For additional information on divorce settlements or any other family law matter, please contact Charlotte Hurst on 01772 258321.