A pension is often a person’s most valuable asset after the family home…

…and may even be more valuable. When a husband and wife decide to divorce (or a civil partnership is dissolved) it is frequently the case that one of them will own valuable pension rights and the other will not, or will own such rights of a smaller value. The interests of fairness may justify court intervention to redistribute these rights, or make some other provision as compensation.

A variety of different types of pension may need to be considered, including personal pensions, stakeholder pensions and employers’ pensions (which could be final salary ones like the NHS, Police or Armed Forces schemes).

When dealing with a case involving pensions on divorce there are three possible solutions: