Retirement Planning information from Barclays Stockbrokers - Safeguarded rights (pensions on divorce)
Safeguarded rights (pensions on divorce)

Safeguarded rights (pensions on divorce)

This term "safeguarded rights" used to relate to the portion of Protected Rights that are included in the ‘pension credit’ payment following a pension sharing order on divorce, or dissolution of a civil partnership. Safeguarded rights previously had some unusual provisions that normal Protected Rights pension rights did not.

However, the restrictions applying to safeguarded rights were removed from 6 April 2009, effectively abolishing the term and so they are now recorded as either ‘excess benefits’ or Protected Rights.
 

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