The DWP has published for consultation two sets of draft regulations:
- the draft Pension Protection Fund (Pension Compensation Sharing on Divorce etc) Regulations 2010; and
- the draft Pension Protection Fund (Pensions on Divorce etc: Charges) Regulations 2010.
The two sets of regulations allow pension compensation received from the Pension Protection Fund (PPF) to be shared when a member seeks a divorce, dissolution of a civil partnership, or an annulment of their marriage or civil partnership.
The DWP intends to bring these regulations into force on 6 April 2011. The consultation period finishes on 22 June 2010.
View the consultation paper.