MENU

FAQs

What happens to my pension if I get divorced?

Pensions are taken into account during divorce or civil partnership dissolution settlement discussions. Your solicitor will need to consider any benefits you and your spouse or partner may have including benefits payable from the Scheme.


Please ask your solicitor to contact Mercer for the necessary information before a pension sharing or earmarking order is drafted.

How do I notify you of a change of address?

If you move house or change your home email address, please let Mercer have your updated details. If you still work for Cadent but have left the Scheme, please let HR know via SAP. Your pension records will be updated accordingly.

If I was made redundant before age 55 and start to take my pension, can I be re-employed by the Company or a connected employer at a later date?

You can, but you may have to pay a tax charge to HMRC if you don’t meet one of these conditions:

  • There has been at least a six-month break in employment
  • There has been at least a one-month break and the new employment is ‘materially different’ from before

If neither of these conditions are met, any pension payments you’ve received will be treated by HMRC as unauthorised and they usually charge you at least 40% of the value of those payments and any lump sum you received.

Cookie control centre

We use cookies to provide you with a better service. Essential cookies provide core functionality and you cannot use the website without them. Essential cookies do not collect any personal information or track your activity on the website. Other cookies, such as Analytic cookies and Functionality cookies, are not essential. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.

Strictly Necessary

Always Active
null

Name: preference_cookie

Provider: Cadent

Duration: 3 Years

Type: First Party Cookies

Name: october_session

Provider: Cadent

Duration: 2 Hours

Type: Session Cookies

Name: _visited

Provider: Cadent

Duration: 1 week

Type: First Party Cookies

Performance Cookies

null

Name: _gat_gtag_UA_175173443_1

Provider: Google

Duration: 1 Minute

Type: Analytics Cookies

Name: _gat

Provider: Google

Duration: 2 days, 5 hours, 46 minutes

Type: Analytics Cookies

Name: _ga

Provider: Google

Duration: 2 years, 1 day, 5 hours, 46 minutes

Type: Analytics Cookies

Functional Cookies

null

We use cookies to enhance your website experience and to allow us to customise the content you see.