Holly Mckay
Holly MackayFounder and CEO
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    • Home • Advice • Common questions

    Do I need financial advice for a pension sharing order?

    07 April 2025

    Question by Boring Money reader

    Hi, do you have any advice on your page regarding pension sharing – I am currently seeking advice on the best way to manage monies I will receive from a pension sharing order.

    Answered by Matthew Spence

    I think you would benefit from speaking with a decent independent financial adviser or an experienced professional for some initial guidance.

    More often than not, topics like pension sharing orders, and really, any situation where someone is seeking 'advice', involve multiple factors that require consideration. For example, what may be great advice for one person could be terrible for another, even when the topic is the same, because each individual's situation is unique.

    There are many important factors to consider in a case like this, including vulnerability issues, financial knowledge, experience, tax considerations, long-term financial stability, emotional factors, risk tolerance, debt obligations, investment strategy, family dynamics, and more.

    In my opinion, given the factors mentioned above and through experience, relying on an online resource alone is unlikely to be the best approach for you in this situation. I would be more than happy to have a conversation with you in more detail if you are interested.

    Answered by

    Matthew Spence

    Director

    I am an experienced financial adviser committed to helping individuals and families achieve their financial goals. With over 19 years of experience in the financial industry, I have had the privilege of assisting numerous clients in making informed decisions and securing their financial future.

    Important stuffHolly and the team have worked in the finance industry for many years but we are not regulated to give you personal financial advice. For every story on this website about a good investment, or something which went up by 10% or made someone £200, we could also share a story about a bad investment, something which fell in value or lost someone £200. We aim to provide general information and pointers – and btw we are totally agnostic about which providers you might pick – but if you have complex affairs, want personalised advice or need specific recommendations, please look at advice pages and see if regulated digital or traditional financial advice would be the best solution for your needs. Boring Money Ltd is a limited company registered in England and Wales under registration number 09459832 and we have our registered office at 10 Lower Thames Street, London, England, EC3R 6AF.
    Risk warningAs is always the case with investing, your capital is at risk. The value of your portfolio can go down as well as up and you may get back less than you invest. Tax treatment depends on your individual circumstances and may change in the future.
    Boring Money Ltd is a limited company registered in England and Wales under registration number 09459832 and we have our registered office at 10 Lower Thames Street, London, England, EC3R 6AF.