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Solicitors and Pension Sharing

September 17, 2012

http://www.ftadviser.com/2012/08/29/ifa-industry/your-business/solicitors-must-value-pension-sharing-orders-gyFqAgVriOGOvwtEinc5FO/article.html

The role of solicitors and mediators during divorce is well documented and shouldn’t be taken lightly or underestimated as many self representing clients find out to their cost.

However, aside from wrangling over custody arrangements, would you leave it to either professional party to value your house during a split of assets?

No? So why is it that little or no heed is often taken in divorce proceedings with regards to the pensions?

As I stated in the above article, there are many solicitors that I work with that do have the necessary skill set to enable you to achieve a fair outcome, often calling in the necessary professionals to assist with their advice.

I have recently been contacted by two claim companies and an independent solicitor looking at past settlements and wanting referrals from me for potential claims they can investigate. They are investigating whether the true value of the pensions has been ignored, overlooked or misunderstood as part of the overall settlement.

This is no coincidence and perhaps a sign of the times but 12 years after the legislation was passed bringing pension sharing into force I am still seeing big mistakes being made.

To avoid having to go through this with your pension sharing case then please get in touch now on 01204 663904.

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