Decoding UK Pension Strategies in Divorce with Cavendish Family Office
Amidst the many concerns during a divorce, one critical aspect often overlooked is the fate of pensions. Cavendish Family Office spoke with our very own Stuart Harding, a Chartered Financial Planner and Chief Operating Officer, One Four Nine Group, to demystify the complexities surrounding pension protection in divorce, offering insights, and practical advice for those navigating the challenging terrain of asset division.
Is there a way to structure my pension to protect it in the case of a divorce?
You can consider setting up a prenuptial agreement or a postnuptial agreement that specifies how your pension assets should be divided in case of divorce. Additionally, you can explore pension options, like a pension earmarking order or a pension sharing order, which can help safeguard your pension rights.
You can read the full article on the Cavendish Family Office website here.
The value of pensions and the income they produce can fall as well as rise. You may get back less than you invested.