Pension sharing orders increase by 17 percent

News Team, 11/04/2022

Applications for pension sharing orders have increased by 17 percent in the past year from 7.500 to 8,800. The rise comes as pensions are becoming more commonly contested in UK divorces, according to Bowmore Wealth Group.

With global stock markets performing strongly over the last decade, pension pots in the UK have become more valuable.

The rise in value means that pensions are now more central to divorce proceedings, Bowmore said.

Jill Ellicott, financial planner at Bow...

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