Pension Attachment Orders (more commonly known as Pension Earmarking Orders) were introduced into family law by The Pensions Act 1995. They applied to family financial orders made in divorce proceedings in respect of petitions issued on or after 1 July 1996.
Pension Sharing Orders were later introduced and applied to family financial orders made in divorce proceedings in respect of petitions issued on or after 1 December 2000.
Pension Attachment Orders provided for pension income and lump sums to be paid to a former spouse.
The new pension changes that came into force on 6 April 2015 could affect those who have existing Pension Attachment Orders. For example:
Whether you are a pension member or a recipient of a Pension Attachment Order you should think carefully about the consequences of the new pension regulations, how they could affect you and how you can protect yourself.
For more information, please contact Elizabeth Bettes on 0118 9575337 (Reading Office) or Sandra Marshall on 01344 887510 (Windsor Office).
Published on 06/11/2015