Saturday June 6, 2020

Pension trumps property as key asset in divorce carve-up

Pensions are overtaking the family home as the most important asset in divorce cases, as falling property prices continue to destroy equity in houses.

31st March, 2012

Pensions are overtaking the family home as the most important asset in divorce cases, as falling property prices continue to destroy equity in houses, according to research by pension experts.

Analysis by financial consultants ITC Consulting, which provides advice to clients on all aspects of pension law, found that the pension pot is now the principal asset in a rising number of divorce cases.

Paul Gilmer, solicitor with ITC Consulting, said that traditionally the most...

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