Divorcees could be left without a pension if action to protect benefits is not taken, UK asset managers Thomas Miller Wealth Management has warned.

The warning comes amid recent changes to pension regulations which now allows retirees to cash in their pensions for a lump sum. Thomas Miller has advised divorcees to ensure they can still benefit under the new rules. 

Debbie Kay, a private client partner at Thomas Miller Wealth Management, expained: “Divorces after long marriages present an abundance of complexity when having to unravel the financial structures people are ...