Pensions battleground in divorce cases
Pension assets become battleground in divorce cases
Court orders to split a couple's pensions in the case of a divorce are on the rise, with lawyers seeing a 43 per cent increase in the last year.
Rising asset values make it increasingly attractive for divorcees to seek a share of their spouse’s pension, according to law firm Collyer Bristow.
The number of pension sharing orders, which are issued by courts to divide a pension following a divorce, rose to 11,503, up from 8,027 in 2015/16 - This is despite a 3 per cent fall in divorces in the UK.