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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.


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Pension Sharing - How do I go about it?

  • sailorcaz1
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08 Aug 07 #1842 by sailorcaz1
Topic started by sailorcaz1
My husband and I are splitting his pensions 50/50 which is great, but I am not sure how we go about this? I know he has to find out the CETV of each one so they can be split, but the actual physical splitting of them, I am not sure about.

I read on the web that it needs to be done via Court Order after Decree Nisi (which took place on 6 Aug), but we want to sort this out on our own if we can - we have done all the rest of the divorce proceedings ourselves very amicably.

Does anyone have any ideas as to next steps I need to take, or whether I have to get Court Order?

I have written to my current pension provider to find out whether they can accept the funds from my husbands' pension providers but haven't heard back yet.

Any thoughts welcome.

Thanks.

  • maggie
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10 Aug 07 #1873 by maggie
Reply from maggie
you can't do pension sharing without a court order - only the court can order a pension scheme to transfer part of the member's pension to a non-member.

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