{"id":821,"date":"2018-07-13T08:24:59","date_gmt":"2018-07-13T08:24:59","guid":{"rendered":"https:\/\/wembleysolicitors.com\/blog\/?p=821"},"modified":"2018-07-10T09:43:32","modified_gmt":"2018-07-10T09:43:32","slug":"all-you-need-to-know-about-pension-settlements","status":"publish","type":"post","link":"https:\/\/wembleysolicitors.com\/blog\/all-you-need-to-know-about-pension-settlements\/","title":{"rendered":"All You Need To Know About Pension Settlements"},"content":{"rendered":"<p><strong><b>How Divorce Effects Your Pension Funds?<\/b><\/strong><\/p>\n<p>Depending on whether it&#8217;s recorded as an asset in the financial statements, a change in relationship status will impact your pension.<!--more--><\/p>\n<p><strong><b>PENSION<\/b><\/strong><\/p>\n<p>UK law has clearly detailed what should be done with pension in case of a divorce. Let us take a closer look.<\/p>\n<p><strong><b>Pension Division Key Aspects<\/b><\/strong><\/p>\n<p>The division of the pension depends on these four points:<\/p>\n<ol>\n<li>Retirement<\/li>\n<li>age Pension worth<\/li>\n<li>Expected expense<\/li>\n<li>Alternative income<\/li>\n<\/ol>\n<p><strong><b>Common Settlement Methods<\/b><\/strong><\/p>\n<ol>\n<li>Pension Sharing<\/li>\n<\/ol>\n<p>Ex-spouse is awarded a percentage of pension.<\/p>\n<ol start=\"2\">\n<li>Pension Offsetting<\/li>\n<\/ol>\n<p>One party gets compensation in return for pension.<\/p>\n<ol start=\"3\">\n<li>Pension Earmarking<\/li>\n<\/ol>\n<p>Money paid directly to former spouse.<\/p>\n<p><strong><b>Course Of Action<\/b><\/strong><\/p>\n<p>In case of a divorce, the first thing that you need to do is calculate the pension that both you and your partner have.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-822 size-full\" src=\"https:\/\/wembleysolicitors.com\/blog\/wp-content\/uploads\/2018\/07\/Manager_wembley3rd_.76941.png\" alt=\"\" width=\"1200\" height=\"7658\" srcset=\"https:\/\/wembleysolicitors.com\/blog\/wp-content\/uploads\/2018\/07\/Manager_wembley3rd_.76941.png 1200w, https:\/\/wembleysolicitors.com\/blog\/wp-content\/uploads\/2018\/07\/Manager_wembley3rd_.76941-47x300.png 47w, https:\/\/wembleysolicitors.com\/blog\/wp-content\/uploads\/2018\/07\/Manager_wembley3rd_.76941-768x4901.png 768w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>Getting in touch with a <a href=\"https:\/\/wembleysolicitors.com\">solicitor<\/a> who has experience in pension settlement cases is a good idea.<\/p>\n<p>For Reliable Legal Assistance<\/p>\n<p>Get In Touch With Us Today!<\/p>\n<p>WEMBLEYSOLICITORS<\/p>\n","protected":false},"excerpt":{"rendered":"<p>How Divorce Effects Your Pension Funds? Depending on whether it&#8217;s recorded as an asset in the financial statements, a change in relationship status will impact your pension.<\/p>\n","protected":false},"author":1,"featured_media":825,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-821","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>All You Need To Know About Pension Settlements - Wembley Solicitors (Law Firm in London)<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wembleysolicitors.com\/blog\/all-you-need-to-know-about-pension-settlements\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"All You Need To Know About Pension Settlements - Wembley Solicitors (Law Firm in London)\" \/>\n<meta property=\"og:description\" content=\"How Divorce Effects Your Pension Funds? Depending on whether it&#8217;s recorded as an asset in the financial statements, a change in relationship status will impact your pension.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wembleysolicitors.com\/blog\/all-you-need-to-know-about-pension-settlements\/\" \/>\n<meta property=\"og:site_name\" content=\"Wembley Solicitors (Law Firm in London)\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/wembleysolicitors\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-07-13T08:24:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wembleysolicitors.com\/blog\/wp-content\/uploads\/2018\/07\/Untitled-2.png\" \/>\n\t<meta property=\"og:image:width\" content=\"957\" \/>\n\t<meta property=\"og:image:height\" content=\"559\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Muhammad Khalid Khokhar\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@KhalidWakalat\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Muhammad Khalid Khokhar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/wembleysolicitors.com\\\/blog\\\/all-you-need-to-know-about-pension-settlements\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/wembleysolicitors.com\\\/blog\\\/all-you-need-to-know-about-pension-settlements\\\/\"},\"author\":{\"name\":\"Muhammad Khalid Khokhar\",\"@id\":\"https:\\\/\\\/wembleysolicitors.com\\\/blog\\\/#\\\/schema\\\/person\\\/06d718bc9ed175ecb978b835938aeb4f\"},\"headline\":\"All You Need To Know About Pension Settlements\",\"datePublished\":\"2018-07-13T08:24:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/wembleysolicitors.com\\\/blog\\\/all-you-need-to-know-about-pension-settlements\\\/\"},\"wordCount\":166,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/wembleysolicitors.com\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/wembleysolicitors.com\\\/blog\\\/all-you-need-to-know-about-pension-settlements\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/wembleysolicitors.com\\\/blog\\\/wp-content\\\/uploads\\\/2018\\\/07\\\/Untitled-2.png\",\"articleSection\":[\"blog\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/wembleysolicitors.com\\\/blog\\\/all-you-need-to-know-about-pension-settlements\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/wembleysolicitors.com\\\/blog\\\/all-you-need-to-know-about-pension-settlements\\\/\",\"url\":\"https:\\\/\\\/wembleysolicitors.com\\\/blog\\\/all-you-need-to-know-about-pension-settlements\\\/\",\"name\":\"All You Need To Know About Pension Settlements - 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