In a matter of months it may become impossible for UK-based pensions to be counted as part of an overseas divorce settlement, family law specialists have warned, as the clock ticks down on a trade agreement following Brexit.
With Brexit trade negotiations looming on the horizon, a crucial rule is unlikely to apply to the UK anymore – meaning UK-based pensions could be out of reach in overseas divorces and spouses won’t be able to have their ex’s UK pension as part of the divorce if they’re no longer UK residents.
How or even whether to split a pension at all in a divorce can be tricky, and is complicated further...