A good pension provides the financial support you need when you retire and requires consideration of complex legal issues.
As an individual you might want to know:
Is my employer legally obliged to provide a pension?
What are my rights to a state pension?
What happens to pensions on divorce? Will my spouse take a share?
Or as an employer:
Do we have to provide my employees with a pension?
Are there any tax benefit?
How do we go about establishing an employee pension scheme?
Pensions law in Scotland is constantly evolving though recent case law as well as government legislation. A key act solicitors look at when considering pensions law is the Pensions Schemes Act 1993 (PSA 1993). This deals with many aspects of occupational pensions, personal pensions, pension schemes and rights to state pensions.
Another key piece of legislation is the Pensions Act 1995 (PA 1995) which also introduced significant changes. Prior to this act, a pension scheme member who was divorcing his spouse could be forced by a court to pay a bigger share of their matrimonial property compared to a situation where where no pension rights existed.
We can put you in touch with lawyers near you in Dundee who will give you the best possible advice in relation to pensions law.
Call us on 01382 234 348, email
or fill out our online form.