Compelling pension sharing would be controversial and would limit parties’ choices to arrive at settlements that they feel work best for them and their children.
As costs and the price of living spiral and a comfortable retirement becomes more expensive, there is an increasing worry that many women are leaving themselves short in retirement as a result of decisions taken in their divorce.
It is high time that pensions are brought to the forefront of financial settlement negotiations, and that the complex myths and jargon around them be debunked.
Ensuring people can access comprehensive legal and financial advice is critical, so that a well-informed decision is made, and that short-term gains are not at the expense of a financially secure future and enjoyment of later life.
Matthew Taylor is a partner at Stowe Family Law
