Situations in which an individual may opt to offset a portion, or the entirety of their pension benefits typically emerge in cases involving younger couples, usually in their 40s.
These couples are often more concerned with their immediate financial situation rather than the long-term. These situations may include:
These scenarios raise the significance of financial mediation. A financial mediator will collaborate closely with couples and their financial advisors to proactively explore any alternative solutions. A mediator strives to find solutions that water to both parties needs, taking care to think about children involved.
It is a mediator’s responsibility to consider pensions, as they are usually overlooked. Marcia Mediation strives to ensure separating couples seek guidance from impartial financial advisors, aiming to establish a sense of financial assurance, no matter the agreement they reach.
You can read more about financial mediation here.
If you have any questions, call us on 0161 425 3940 or fill out this form