The Divorce IFA Blog
For all things pensions & divorce...
Capital Value losses and gains on Pension Sharing
Aug 10, 2016
Pension Sharing – 10 years of bedlam
Jul 27, 2016
Maybe this isn’t dyed in the wool?
Jul 13, 2016
My 4 Step Thought Process For Your Divorce
Feb 15, 2016
This is the basic process I use when looking at pensions in divorce cases and I thought I would share it with you. It breaks down as follows:Context – What is the bigger picture?Assess – How is the pension being valued?Purpose – What are we doing with the value?Identify – What types of pension are … Continue Reading
This man cut his car in HALF in his divorce!
Jan 18, 2016
A glass shoe in cases pension offsetting
Nov 27, 2015
A glass shoe?There was a paper that was presented at the FLBA (Family Law Bar Association) Conference in Cardiff on October 21st 2015 which addressed the ‘Cinderella’ of financial remedies on divorce. This is the offsetting of pensions against non-pension assets. Now you understand why I used ‘a gla… Continue Reading
Simply put, legislation has been published to close a loophole which enabled public sector workers transferring their pensions overseas.The Unfunded Public Service Defined Benefits Schemes (Transfers) Regulations 2015 have now been published.A loophole had been discovered which allowed unfunded publ… Continue Reading
A wooden spoon could cost you £££’s in your divorce!
Aug 26, 2015
Be sure to keep that wooden spoon in the cupboard! It all started off when a 41 year old mother, who cannot be named (I wonder why), was going through a divorce. In the settlement, the matrimonial home was to be sold and the wife was suppose to receive a lot more than the husband from the sale. But… Continue Reading
Surrender all your assets
Aug 20, 2015
Imagine if you were going through a divorce and the court asked you to give all your assets to your ex-spouse. Well that’s what pretty much happened to Essam Aly. You might be asking yourself how could something like this happen?Well let’s first establish who Mr. Aly is. Essam Aly is an anesthetist … Continue Reading
The BIGGEST divorce case this world has ever seen
Jun 26, 2015
From time to time, we have been involved with pension sharing orders that go into the millions of pounds and often get involved in multi-million pound settlements. But what about £5,000,000,000?Yes you read that correctly. A Russian business magnate named Vladimir Potanin, 54, built a business empir… Continue Reading
Let the pension sharing delays begin!
Jun 17, 2015
Or let them begin in a few months.The April reforms have put a lot of pressure on pension companies to deal with clients who want to cash in their pensions. But unfortunately some companies have been given bad exposure in the news, in this case, Prudential.They have been criticised for causing a del… Continue Reading
High Risk/Low Risk Pensions
Apr 29, 2015
I am often asked which pensions are potentially the most risky when it comes to pensions on divorce and particularly, pension sharing. Another common question is at what value can all pensions be ignored?I always think this is a very subjective thing and very difficult to give a standard answer. I… Continue Reading
Can you cash in a 20 year old lottery ticket?
Apr 29, 2015
I’m sure you must have heard by now about the Dale Vine and Kathleen Wyatt divorce case. Dale Vince, a multi-millionaire, had stated that when his wife had asked for a financial settlement of £1.9 million, it was like “cashing in a very old lottery ticket”.The couple had seperated 32 years ago and h… Continue Reading
New Power for Child Maintenance Debtors
Mar 04, 2015
Child Maintenance has just gotten harder to avoidWell it’s about time that the Secretary of State for Work and Pensions has acquired new power to refer people who are suppose to pay child support to credit reference agencies. This basically means people who aren’t paying child support wont get the s… Continue Reading
Legal advice available for Greater Manchester
Jan 29, 2015
A new project to provide legal advice to the citizens of Greater ManchesterThe Manchester Civil Justice Centre has set up a project which will be known as ‘Manchester Free Legal Help’. This will be located at the court building. The purpose of this project is to create a network of services that of… Continue Reading
