If you are considering getting a divorce you will know there are numerous financial implications to consider. It is often very difficult to separate the emotional stress from the practical issues which need to adressed. An area which can be overlooked is that of pensions. There are various factors to consider, including pension offsetting, equalisation of pension incomes and treatment of foreign pensions.
During a divorce, pensions are treated as part of the overall financial package. Generally speaking, the later you are in life, the more central pensions will be to the financial negotiations of the divorce. This area of financial planning can be very complicated, causing additional worry in an already difficult and challenging time.