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Pensions are often a very important asset in divorce proceedings. Next to the former matrimonial home the pension provision of one or both spouses may be the largest capital asset of the marriage. How pensions are treated in divorce is a question which has assumed greater and greater importance especially since the Pensions Act 1995 and the Welfare Reform and Pensions Act 1999.
The courts have long had the power to take pensions into account in dividing up the matrimonial assets. Very often the husband might have a substantial pension provision and the wife might have none or a very limited pension provision because, for example, she has given up her job in order to look after the children. Such a wife is very likely to wish to be "compensated" for her lack of pension entitlement.
Our role as insurance broker and independent financial adviser allows us to help not only with your Pension in Divorce, but we can also arrange your home insurance, life & critical illness cover, healthcare and ongoing investment advice as appropriate.
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