What is Pension Sharing?
Pension sharing is designed to provide a clean financial break for the divorcing parties. The parties (or the Court) will decide what aim is to be achieved by pension sharing, for example equalising their pension income when they retire or equalising the value of each party’s pension entitlement, and also if it is appropriate to take into account the whole of the pensions, or just that part of the pensions built-up (“accrued”) between two specific dates. We will then be asked how to divide the pensions.
This is achieved by means of one or more pension sharing orders made by the Court and which are then implemented by the pension providers to create a separate pension entitlement for the other party to the divorce.
About our reports
Our Pension Sharing Reports feature an objective and independent market-consistent valuation of each pension to ensure that all pensions are compared on a like-for-like basis.
They may take into account any disclosed health issues which materially affect the life expectancy of either party and will determine the most efficient means of achieving the sharing objective(s) and any risks to either party from the pension share..
The Pension Sharing Report meets full Court Expert Witness requirements and fees start at £880+VAT.
How do I order a Pension Sharing Report?
If you are a solicitor please call us for a quotation or send us your instructions to our Head Office address as detailed on our Contact Us page.
If you are a member of the public you will probably want to ask us more questions – please bear in mind that if we are to act on behalf of both parties, and this is most often the case, we will need to be neutral in all our dealings with you, but please feel free to call us for an initial discussion.
Where can I find more information?
If you are a member of the public we have produced a Pensions and Divorce Guide which you can download here and a version for solicitors which you can download here. Please also visit our Frequently Asked Questions page.