Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

General Principles definition

What does General Principles mean? In takeover practice, General Principles are the high‑level standards that guide how the Takeover Code (UK) and the Irish Takeover Rules are interpreted and applied in real transactions. They set expectations of commercial behaviour by bidders, target boards and advisers. There are six General Principles, mirroring the general principles in Article 3 of the EU Takeover Directive. In the UK they are contained in the Code notwithstanding Brexit; in Ireland they derive from the Directive and are embedded in the Rules. They are expressed in broad terms and neither the Code nor the Rules defines the precise limits of their...

Pensions on Divorce, Dissolution and Separation: Court Principles, Valuation, Apportionment and Orders (Offsetting, Sharing, Attachment) and Pension Reforms in Financial Remedy Proceedings (England and Wales)

Published by a LexisNexis Family expert

Practice notes

This Practice Note

This Practice Note offers a concise summary of the choices available concerning pensions on divorce, annulment, (judicial) separation or the dissolution of a civil partnership, including offsetting, pension sharing and pension attachment orders, as well as the specific orders the courts may grant. It also reviews the judiciary’s approach to pensions and the implications of pensions reform. In proceedings for divorce, nullity, (judicial) separation or dissolution of a civil partnership, the court can issue a variety of orders addressing the parties’ pension rights. Sections 25(2)(h) and 25B(1)(b) of the Matrimonial Causes Act 1973 (MCA 1973) oblige the court to consider the benefits under a pension arrangement that, because of the dissolution or annulment of the marriage, a spouse will lose the opportunity of acquiring. MCA 1973, ss 25(2)(a) and 25B(1)(a) focus on the benefits that a party to a marriage has, or is expected to have. There are corresponding provisions in the Civil Partnership Act 2004 (CPA 2004). Pension rights will frequently constitute a significant asset upon the breakdown of a marriage or civil partnership. It is crucial to understand the full range of options available when dealing with pensions and the broader financial implications. It is therefore...

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Rebecca Dziobon

Penningtons Manches Cooper

Rebecca is an experienced family lawyer having trained and worked on complex financial and children matters at both City and regional firms for ten years. In 2011 she was nominated for, and appointed as, a member of the Resolution Pensions, Tax and Property Committee. She has authored the LexisPSL Family sections on pensions, insurance and trusts since 2013. In 2015 Rebecca moved into a knowledge lawyer role and is now senior knowledge lawyer at Penningtons Manches LLP. She is responsible for equipping the family team with the best tools to provide excellent client service. She also works collaboratively across the wider firm to devise and deliver business improvement initiatives ...

Web page updated on 21/05/2026

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