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pensions | Cambridge Family Law Practice

Step forward, cohabitants

By | FAQ, Law news, Living together/cohabitation, News | No Comments

This week we’ve seen the law make a significant move towards better recognition of the modern family. The Supreme Court has recognised the right of someone who shared a home and life with a worker to claim a pension after their partner’s death on the same terms as if they had been married. You can click here for the full judgment. The claimant, Denise Brewster, lived with her partner William McMullan for ten years. On Christmas Eve 2009, they became engaged, but tragically William died just two days later. At the time of his death, William had been working for…

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Sipping terrestrial champagne

By | financial | No Comments

No one likes to talk about death, and planning for our own is something many of us put off, or cannot bear to think about at all. Even writing a Will and thinking about to whom we should pass on our possessions can be really hard for some people. But if you turn it around and instead think about how many years of life you are likely still to have left to enjoy, there are some important things to consider. Pension provision and financial security in later years is one of those things, and knowing approximately for how many years…

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Pension changes and divorce

By | financial | No Comments

It has been a while since we have written about pensions. To many people they are simply a pot into which money is put on a regular basis in the hope and expectation (these days looking increasingly fanciful) that they will provide for you in retirement. However, pensions are one of the assets which can be transferred or shared on divorce or dissolution. In many cases they can be some of the most valuable assets belonging to the parties. So, a brief reminder of what can happen to pensions on divorce is probably timely. There are three main ways in…

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Spotlight on pensions

By | FAQ, financial | No Comments

The Office for National Statistics recently released data showing that divorce among the over 60s is increasing, despite the overall number of people getting divorced each year falling. There has been a 73% increase in divorced men over 60 since 1991, and a similar increase for women in the same age group. You can read the article here. Part of this trend is simple demography – the population is aging and with more people over 60 there will inevitably be more divorces in that age group. In 1991 there were 404,000 divorced people aged 60 and over in England and…

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