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In this video, the focus is on pension adjustment orders in the context of divorce or judicial separation. It is emphasized that a deed of separation, which can be made when couples are uncertain about separating, does not allow changes to pension schemes. Instead, modifications to pension schemes must be made through a pension adjustment order obtained in court, as outlined in the Family Act and the Family Law Divorce Act of 1996. These orders serve as a means for the court to ensure fair provision for spouses and dependent children during a divorce. Additionally, a pension is considered an asset that can be divided or transferred between parties.
