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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.

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Pensions and Divorce

  • Irungu
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25 May 21 #516806 by Irungu
Topic started by Irungu
Dear All,

I am an applicant in an ongoing contentious divorce. I need a quote for pension valuations CETV NHS Pension in preparation for the final hearing. Kindly offer any contacts and ideas and cost estimate. My legal bills are unrelenting.Many thanks.

Kind Regards
Phylis Muhia

  • mirage63
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25 May 21 #516807 by mirage63
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I am the partner of somebody in a similar position to you.

It will be your exes responsibility to get an up to date CETV of their NHS pension but be aware final salary pension Cetv's do not reflect the true valuation as it is calculated as if the member of the pension scheme is leaving at that point in time. Therefore it does not reflect further years service or valuable loss of spousal benefits.

My partners ex is still using the CETV calculated in 2018 as negotiations around the finances have been ongoing for 3 years. He hasn't asked for an update as it was the sweetener for a quick deal but 3 years later there is no agreement so its likely he will have to apply to court and he will be asking for a report to be actioned as part of the finances.

If you have the NHS CETV already as part of form E then you should now ask for a joint actuary pension report to get a true valuation, although there are some reasons for a costly report not being worth it. Your solicitor may recommend an actuary, I'm not sure what happens if your ex refuses, but if it went to court it should be agreed that you need a joint report done, with both of you paying half of the costs.

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25 May 21 #516808 by mirage63
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Sorry I see you are already in the court process and are LIP. I assume you could look for actuaries online and phone them for a brief chat.

If you do have a solicitor I would ask them who they use.

  • Irungu
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25 May 21 #516814 by Irungu
Reply from Irungu
Thank you all for all your input.

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