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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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My entitlement with his pension?

  • missguided
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06 Oct 12 #359553 by missguided
Topic started by missguided
Hi

We are currently negotiating finances,but i dont really know what (if any) i am entitled to pension wise.
He has 100k CETV and i have 3k cetv, however i am 10 years younger (me 33, him 43).
Our marriage was 4.5 years and we have a 5yr old.

Is this taken into account seperately from our joint assets (houses)?

Am i entitled to any of this, or will i have no claim due to either short marriage or the fact im younger and have time to build up my own (but earn 1/4 of what he does)
Thanks

  • MrsMathsisfun
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06 Oct 12 #359569 by MrsMathsisfun
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What type of pension do you both have? Are they defined benefit or money purchase?

Whether the pension is shared will depend on the whole picture.

  • missguided
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06 Oct 12 #359575 by missguided
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Wow, that shows my ignorance!
They are pensions through work (I know def not final salary).
Where on my paper work would I find out?
Thanks

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06 Oct 12 #359577 by MrsMathsisfun
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Usually a defined benefit scheme states years contributed rather than monertary amounts. If they are both money purchase or defined benefits its easier to compare and negotiate a share.

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06 Oct 12 #359623 by Serendipity100
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Missguided - check out sec 25 MCA criteria, easily accessed on this site, and read back posts - might give you a starting point and very helpful advice. Hope this helps.

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