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The Shoosmiths UK pensions & divorce report

Earlier this year Royal London Insurance highlighted the pensions gender gap, and now research commissioned by Shoosmiths revealed that, if things do end up in divorce, a third of married couples and those in civil partnerships didn’t know that they were entitled to a proportion of their spouse’s pension if they split up.

1 in 5 couples Shoosmiths family Law team surveyed had no idea what to expect when it comes to divorce, but with the gender inequality amongst pensions, it’s clear that women (especially those whose relationship has ended after taking a career break to start a family) are at a huge disadvantage when it comes to their long-term financial security.

Peter Morris, a partner at Shoosmiths who specialises in family law and divorce, and Clare Moffat, a pensions finance specialist with Royal London Insurance gave a series of interviews to radio stations across England and Wales on 17 October 2019 to discuss these latest Shoosmiths findings.

Listen to a ‘typical’ interview given by Peter and Clare:

Disclaimer

This document is for informational purposes only and does not constitute legal advice. It is recommended that specific professional advice is sought before acting on any of the information given.

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