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What are we each entitled to in our divorce settlement?

What does the law say about how to split the house, how to share pensions and other assets, and how much maintenance is payable.

What steps can we take to reach a fair agreement?

The four basic steps to reaching an agreement on divorce finances are: disclosure, getting advice, negotiating and implementing a Consent Order.

What is a Consent Order and why do we need one?

A Consent Order is a legally binding document that finalises a divorcing couple's agreement on property, pensions and other assets.


Pension splitting expence

  • Alanon
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11 Sep 12 #355229 by Alanon
Topic started by Alanon
Hi all,
I am finally through the divorce, during which I kindly offered half of my pensions to me ex, given that it wasnt an acrimonious divorce, and it seems the right thing to do given that for the 28 years of our marriage, I was the main eraner and I contributed to my/our pensions.
So, I paid for everything, being a decent sort of chap, including all and any fees fo rthe divorce, a Clean Break Order and all associated court costs.

However, sisnce the final court order arrived on our respective doorsteps confirming the 50/50 split of the pensions, the ex turned into the ***** from hell, and has driven a wedge between me and my kids, and I no longer see my grandchildren due to her successful campaign against me.

Anyway, I had 5 pension accounts, one with Scottish Widows, which has been split at no extra expence, and 4 with Friends Life (formerly Freinds provident). FL have written to tell me they require £600 from me, (as I was too generous to state on the CBO that any costs should be attributed to the ex), before they will split the pension.

Naturally, given the general outcome RE: the family and the fact that I have paid for everything to say her the cost, I feel rather annoyed to say the least at what seems like extortion from FL.

The Court order states that FL have 4 months from either the date of the order or the reciept of various things like any expences to performn the split, (whichever the latter).

I really dont see why I should just cough up this ridiculous amount, but am concerned about the consequences. It would have been nice if the CBO process and the support it apparently included had mentioned the possibility of being robbed :(

  • Alanon
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11 Sep 12 #355234 by Alanon
Reply from Alanon
Any thoughts or similar experience from the assembled? For now Im just ignoring the fee request.

  • maisymoos
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11 Sep 12 #355236 by maisymoos
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I don''t think you can ignore it! I think FL pension sharing costs are one of the higher ones. In my case the Court Order said that pension sharing costs would be split equally, I assume your Consent Order doesn''t state who should pay?

  • Alanon
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11 Sep 12 #355240 by Alanon
Reply from Alanon
Thats right it didnt. Cant FL be requested to simply take the fee from the value of my pension?
I cant believe afetr all ive done for the ex, and the way shes repaid me, I am landed with this ridiculous fee :(

  • mnf
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12 Sep 12 #355470 by mnf
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I''m looking at having to share out my teachers pension. It looks like they will charge me £2,500 for the pleasure!!!

  • Elphie
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12 Sep 12 #355475 by Elphie
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Me too, MFN! Can''t believe their charges! And how long the CETV takes to come through....will you have it written into your Consent Order that this cost has to be met out of the other party''s share?

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12 Sep 12 #355486 by mnf
Reply from mnf
Is that possible?

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