A court must take into account any pensions and pension rights that you or spouse or civil partner have in work-based schemes and personal pension plans. The settlement can treat pensions in a number of different ways:
- Pension sharing, you are awarded a percentage share of any one (or more) of your ex-spouse's pensions. This share is transferred into a pension in your own name.
- Ear-marking or attachment, you would receive an agreed amount of your ex-spouse's net pension income and / or lump sum when it starts being paid to them.
- Off-setting, the value of pensions is offset against other assets. For instance; you may have a greater share of the family home in return for your ex-spouse keeping his or her pensions.
See Splitting what you have for more information. Only a court can order pension sharing, earmarking or attachment, so if you think these would be options for you, contact a solicitor (see Useful links).