Knowledge Hub | Articles

30 September 2021

Call to make pension-sharing on divorce fairer

Following a major piece of research by The University of Manchester, it is suggested that financial settlements reached on divorce must be reformed to make their pension-sharing elements fairer.

The research reveals huge gaps in pension wealth between men and women, finding that men aged between 65 and 69 have more than six times the pension wealth of their female partners, with men having (on average) over £212,000, and women only £35,000.

Further, men aged between 55 and 64 have more than three times the pension wealth of married women of the same age according to the peer-reviewed report by the Manchester Institute for Collaborative Research on Ageing and the Pensions Policy Institute.

In 2000, the law in England and Wales changed to allow pensions to be shared as part of a financial settlement on divorce. Recent statistics show, however, that only 12% of divorces result in any pension sharing.

Very often, women are focused on maintaining the matrimonial home on divorce and are willing to make other sacrifices in the financial settlement, including a possible pension share, to ensure they get this.

It may also be the case that the person with the larger pension, traditionally the man, does not want to share this, and is happy to substitute other things in the financial settlement. This is supported by research showing that men have emotional attachments to their pensions.

Frances Hipperson, Partner at BP Collins LLP, believes that a solicitor’s role is to ensure any financial settlement reached on divorce supports both parties not only now, but also in the longer term. This is why pension-sharing elements of financial settlements on divorce are so important, as they allow for better overall stability and fairness.

For more information and advice on financial settlements and pension shares on divorce, contact Frances Hipperson at or on 01753 889995.

Sadie Glover

Sadie Glover

Tel: 01753 944776

About cookies on our website

Our Site uses cookies to improve your experience of certain areas of the Site and to allow the use of specific functionality, such as social media page sharing. You may delete and block all cookies from this Site, but as a result, parts of the Site may not work as intended.

To find out more about our cookies policy, please visit here.

Click on the button below to accept the use of cookies on this Site (this will prevent the dialogue box from appearing on future visits).