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Read our latest Financial Settlements guide (2021) 

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.

Do you need help sorting out a fair financial settlement?

Our consultant service offers expert advice and support to help you reach agreement on a fair financial settlement quickly, and for less than a quarter of the cost of using a traditional high street solicitor.

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  11. Pension Sharing

Pension Sharing

  • dominoo
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19 May 12 #331551 by dominoo
Topic started by dominoo
There is a pension sharing order on my ex''s pension in my favour but his solicitor is saying that I need to pay up front fees to instigate. My pension advisor has said he will deal with it and indicated he will request that the fee is deducted from the transfer value. Is this possible as I would like to think my pension advisor is correct.
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  • dukey
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19 May 12 #331555 by dukey
Reply from dukey
It depends, what does the order say?, if the order does not say who pays the sharing cost you could go back to court for Directions, usually the judge orders half each, some schemes allow the cost to be deducted others don`t, even if they do i`m not sure its wise, but if you don`t have the money heyho.

The IFA is more likely to know than the solicitor, its a simple case of asking the trustee if it can happen.

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  1. Advice
  3. Financial
  5. Advice-Forum
  7. Financial
  9. Pensions
  11. Pension Sharing

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