header-logo header-logo

03 February 2017 / Kerry Fretwell
Issue: 7732 / Categories: Features , Family
printer mail-detail

Pension predicament

Is the sharing of overseas pensions now at an end, asks Kerry Fretwell

  • ​This article looks at a recent case involving Mr Justice Mostyn where he rules that foreign pension sharing orders are no longer available for the English Courts.

The case of Mr and Mrs Goyal is an extraordinary one to read and like many extraordinary and contentious cases, it appears to be breaking new ground for family lawyers. The basic facts are as follows. The parties married in September 2003 and have one daughter who is now 9. They separated in 2011 and the acrimonious proceedings since then have involved, as case law reports, 65 separate orders concerning child arrangements, the finances and the divorce proceedings. The divorce has not yet been finalised. Mr and Mrs Goyal are under 40 and Mr Goyal has a career in banking but has become addicted to spread-betting. Having initially been successful in his spread-betting ventures and winning about £40,000 over two years, he moved to London in 2005 and the winning streak stopped. From losing £5,000

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Shakespeare Martineau—David Vaughan

Shakespeare Martineau—David Vaughan

Shakespeare Martineau appoints new London office head as firm continues investment in capital

Browne Jacobson—Kevin Moore

Browne Jacobson—Kevin Moore

Browne Jacobson strengthens All-Island life sciences platform with appointment of leading Galway MedTech lawyer

Clarke Willmott—Latitude Law

Clarke Willmott—Latitude Law

National law firm strengthens commercial offering with acquisition of leading immigration practice

NEWS
Mr Justice Nicklin’s decision to order costs on an indemnity basis may be a ‘significant win’ but it’s still ‘far from game, set and match’ for Associated Newspapers, a former costs judge has said
The Law Society RFC Festival of Sport returns next month, bringing together legal and financial services professionals for one of the sector’s largest annual sporting events
Legal aid deserts leave almost one in four without adequate access to justice
The Solicitors Regulation Authority (SRA) has warned solicitors and law firms that using artificial intelligence does not alter their professional obligations, amid concerns over inaccurate legal material and client confidentiality
Can a meticulously maintained spreadsheet turn a couple’s informal financial arrangements into legally enforceable obligations? 
back-to-top-scroll