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What are we each entitled to in our divorce settlement?

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cetv

  • jerseygirl100
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10 May 12 #329773 by jerseygirl100
Topic started by jerseygirl100
HI can anyone tell me if it is possible for a pension to not have a CETV value due to the age of the holder? Surely every pension has a value. Pension in question is held by a 40 year old, it is final salary and has been held for the past 13 years.
Many thanks.

  • MrsMathsisfun
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10 May 12 #329777 by MrsMathsisfun
Reply from MrsMathsisfun
Yes it would have a value. Most final salary pension schemes provide a yearly statement of value.

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10 May 12 #329782 by jerseygirl100
Reply from jerseygirl100
Thanks for the quick response.
Reason for the question was that applicant''s solicitor is stating the pension has no value due to the age of the holder and the length of time she has been contributing to it.
I assume the solicitor is talking nonsense in a bid to have this pension left out of the settlement.

  • dukey
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10 May 12 #329785 by dukey
Reply from dukey
Assuming it''s not in payment it will have a CETV if in payment the value will be CEB. Someone is telling fibs.

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10 May 12 #329789 by jerseygirl100
Reply from jerseygirl100
Not in payment dukey.
Just read through some paperwork, solicitor claims there is no value however just found a document from the pension provider stating current transfer value is 49k!!
Is it worth fighting over this amount?

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10 May 12 #329790 by MrsMathsisfun
Reply from MrsMathsisfun
Final salary running for 13 yrs could be worth a reasonable amount of money and whether its worth the cost of a pension share will depend upon the rest of the financial situation.

Does the other party have a pension? If so what type of pension.

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10 May 12 #329792 by jerseygirl100
Reply from jerseygirl100
Other party has a pension which is not final salary CETV = £16k

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