Divorcees sharing pension funds as house prices fall

Falling house prices mean many divorcing couples have to find imaginative new ways to reach a financial settlement.

A report by Sweet and Maxwell, the legal publishers, say there’s been an 11% increase over the last year in the number of couples sharing pension funds when they separate.

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Employees losing out on pension rights

Pension or Incentives

Pension or Incentives

Over the last few years there has been a growing trend of employers attempting to persuade their employees to give up their pension rights in exchange for short term financial gain.

Many firms do not want to pay into their employees’ pension schemes so use the offer of cash incentives to encourage them to move their pensions to someone else.

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