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

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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 share after Decree Absolute

  • Diddywinks
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17 Apr 12 #324521 by Diddywinks
Topic started by Diddywinks
Our Decree Absolute was obtained 18 months ago, but we are now on the court teadmill sorting out finances. My guestion:
Is the pension sharing order calculated on the value of pension on date of decree absolute or will she have a claim on my full pension as it stands today?
Many thanks to anyone that can help.

  • ian conlon actuary
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17 Apr 12 #324524 by ian conlon actuary
Reply from ian conlon actuary
It will be calculated at some point in the future, however, you do have a case to argue that it should be a lower percentage of your pension benefits now to refelect the intended split at point of divorce.
Ian

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17 Apr 12 #324525 by Diddywinks
Reply from Diddywinks
Thanks Ian.
I was under the impression that money would be transfered out of my fund and paid into hers so that our ''pots'' were of the same value.
She stopped paying into hers over 3 years ago when we seperated, so it is my concern that they will use my CETV as it stands today rather than the value at decree Absolute.

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