Do you know anyone who may be involved in a divorce?
I know its not usual to enquire about their financial settlement at an early stage.
It could be very helpful if you did, as it seems that a majority of divorcing couples are relying on their Solicitors to value the pension benefits.
As pensions are a very complex area of finance, with a wide range of rules and taxation, Solicitors are not generally understanding but instead are relying on the pension trustees or providers to supply the answers.
Clearly the pension trustees and, in some cases, the providers, have a vested interest.
It is important that specific pension advice is sought, to avoid costly mistakes.
We can help ask the right questions and get better, fairer outcomes.