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Divorcing couples continue to ignore pensions, Which? finds

Only 15 per cent of divorcing couples include pensions in their financial settlement, according to a survey of Which? members carried out in November 2021.

Which? Magazine notes that pensions are usually the single biggest asset for divorcing couples and make up 42 per cent of total household wealth, according to the Office for National Statistics. Nevertheless, though pension sharing orders were introduced by the Welfare Reform and Pensions Act 1999, few seem to take advantage of them. Of the 453 people surveyed by Which? 58 per cent said that pensions were not discussed during their divorce proceedings.

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