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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.


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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.


pension

  • option
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24 Sep 12 #357606 by option
Topic started by option
I am getting divoce after 25 years of marriage, is my wife entitled to 50%? if so do I have to give it to her now or at the age of retirement?

  • ian conlon actuary
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24 Sep 12 #357741 by ian conlon actuary
Reply from ian conlon actuary
Not for me to say what sort of overall shape the financial settlement will take. Having said that, looking at pension issues in isolation and on the assumption that your wife doesn''t have any pension assets then there is a strong argument from your wife''s perspective to seek a pension share which would provide her with an equal income in retirement to that which you would receive (in respect to pension benefits accrued to date).
Pension Saring results in a split of pension assets on implementation of the pension sharing Order with pension benefits being established in your wife''s name at that point and a corresponding reduction in your pension benefits.

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