What is a pension share?

A pension share is an option available for dividing a pension asset during divorce as part of a financial settlement. When a pension sharing order is made a pension pot is split between a couple. One spouse will receive a percentage of a pension from the other spouse’s pension. This creates a separate and independent pension for the recipient.

Once the pension share is implemented, each party has control over their own portion of the pension.

A pension sharing order can be made in both divorce and in dissolution of a civil partnership.