pensiosn seem to get covered a lot but have'nt managed to find a answer to this one.
About to separate with my wife have had a brief chat with a lawyer about all the aspects and pretty sure that she said my pension would'nt become involved.
However speking to my x2b she has said that her solicitor is saying that she should go after my pension.
Oh some personal details.
I'm 35 she's 30 been married 5 years together 9 years in total, I earn 26,000 she earns 23,000. with my last employer 7 years I paid into company scheme, with my current employer last 2 years I have't been paying into pension scheme as I have'nt been able to afford it.
like I said i'm sure the lawyer I spoke to said it would'nt become involved due to value and are ages, but she could have just been speaking about spousal maintenance.
I would have thought that with only seven years' contributions it would be worth her while trading it off against something else (equity in property if you have it, for example). Pensions are very complicated and, as Specialdad says, there isn't much of yours to share.
Someone on here may know different - but I would have thought if you've only been married 5 years and haven't be paying a pension for the past 2 years that she would only be able to apply for a share of 3 years worth. You paid the first four years prior to marriage.
Hopefully someone will correct me if I'm wrong. If I am wrong - as SS said - its a pretty small pot and you've not mentioned her Pension - pension sharing works both ways.
It depends where you live, I think. In Scotland (correct me if I'm wrong, Fiona) it is only the pension accumulated during the marriage. In England, potentially at least, it is all of it. But there won't be much of this one and your wife is working and young enough to build up her own pension provision so it would probably save solicitors' and financial advisors' bills, not to mention headaches all round, to trade it off against something else.