Pensions Anomaly in Divorce Settlement Law North of Border; System Can Cut Estimated Share of Matrimonial Assets by 50%
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Summary
Divorced spouses in Scotland are "forgotten victims" of the pensions crisis, liable to see their share of the matrimonial assets slashed by up to 50% thanks to the Scottish legal system.
That is the view of actuaries Spence & Partners, who advise on divorce settlements across the UK.See the full content of this document
Extract
Pensions Anomaly in Divorce Settlement Law North of Border; System Can Cut Estimated Share of Matrimonial Assets by 50%
In a recent case, a husband's pension fund with a built-up value of (pounds) 400,000 was valued at only (pounds) 240,000 by the court. He retained the pension, and the wife was allotted (pounds) 120,000 of supposedly ...
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