I''ve had Decree Nisi for a while and want to apply for Absolute, but pension has beena sticking point. Do I need to find the cash to hand over to reflect my pension pot or can money be transferred from my pension pot to my ex?
If you want to retain your pension intact, you may have to agree to a larger share of the cash assets going to your ex. This is called offsetting.
If there is enough cash to house you both, then a pension share may be the appropriate way ahead. Depending on the size and type of the pension, you may need an actuary to help you work out what the appropriate percentage share may be.
There is information about pensions in the wiki library.
What is the sticking point?
Essentially I took on all the debts we had when I left (and still in massive debt now) and there are no cash assets. My ex wants a proportion of my salary for our two children until they are 18 (no problem there) and a sum equal to half my pension to allow her to buy some pension provision herself.