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The new state pension and pension sharing

Date:4 MAY 2016
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Jody Atkinson, St John's Chambers

In this article, Jody Atkinson analyses the significant recent changes to the state pension and their impact for family finance practitioners.

The government has both changed the state retirement age and abolished the additional state pension, thus reducing the level of pension that most people can expect to receive in retirement.

The new state pension has different qualification rules, which may affect the state pension entitlement of spouses who have not remained in employment.

The article also sets out the changed procedure for sharing the new state pension.

The full version of this article appears in the May 2016 issue of Family Law. 

Online subscribers can access the full version of the article here.

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Read the full article here.