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What is a pension sharing order?

A pension sharing order is the way in which spouses pensions are divided when divorcing or dissolving a civil partnership. When it is agreed or ordered by the Court that one party should receive a share of the other parties’ pension, it will be necessary to implement a pension sharing order which specifies what percentage of the others pension(s) they will receive. The receiving party will be able to transfer their share of the pension to a new or existing scheme and their interest will remain entirely separate from the other parties’ pension. Only the Court are able to make a pension sharing order when financial matters are resolved, it is not possible to divide pension assets if the parties are separating without the Court’s involvement.

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