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Pension Schemes and the Family – A Time for Change?
Published online by Cambridge University Press: 03 October 2014
Abstract
1.1 The principal motivation for this paper is our involvement in the valuation of pension benefits under the Family Law (Scotland) Act 1985 and the review being undertaken by the Pensions Management Institute Working Group on pensions and divorce. As a consequence of the introduction of the Family Law (Scotland) Act 1985, there is an explicit provision that pension benefits should be included as part of the matrimonial property in a divorce settlement. It will be clear from this paper that we have considerable doubts as to whether the present law is satisfactory; nevertheless it is difficult to argue that such an important item as pension rights should be disregarded in divorce. This however, is often the position in England, Wales and Northern Ireland.
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- Research Article
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- Copyright © Institute and Faculty of Actuaries 1992
References
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