Divorces' pension plan attacked
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Your support makes all the difference.The Government's plan to grant divorced women the right to a share of their husband's pension was condemned as unsatisfactory last night, writes John Rentoul.
Baroness Young, a backbench Tory in the Lords, yesterday tabled an amendment to the Pensions Bill which would allow divorce courts to allocate part - expected to usually be half - of occupational or personal pension rights to the spouse without a pension. This is expected to be accepted by the Government.
But the amendment from Lady Young, who led a revolt against the Bill two weeks ago, was condemned by Baroness Hollis, the Labour spokeswoman in the Lords, for failing to give divorced women their own pension. She was supported by lobbyists for divorced women and the National Association of Pension Funds.
Lady Hollis has demanded that pension rights should be split on divorce and the wife given a share in her husband's fund in order to buy her own pension. She hoped the Government would "see sense" at the Bill's Report Stage next week.
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