Pensions are often of great significance in divorces, more so than many divorcing couples realise. Even in cases involving quite modest assets, pensions can be one of the most valuable of those assets, usually only exceeded in value by the matrimonial home. However, pensions can be even more significant in high net worth divorce cases, as recent research has shown.
The research was carried out by the wealth planning company Succession Wealth. They analysed the Office for National Statistics’ Wealth and Assets Survey data and the number of divorces in England and Wales, to estimate the makeup of the assets of divorcing couples whose net financial wealth is £1 million or more.
Full Article: Stowe Family Law