The financial impacts of divorce on pensions

“If one person, or their former partner, has multiple pension plans, the court can issue a separate Pension Adjustment Order (PAO) for each," expert advises

Financial advice is of paramount importance during divorce, to examine all of a person’s assets, to include their personal and business properties, savings, investments and, of course, pensions.

Divorce can have significant financial repercussions, particularly when it comes to pensions, which happen to be one of the most valuable assets in a marriage.

So says Paul Merriman, CEO of Fairstone Ireland, a leader in financial planning and wealth management.