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CETV figures?

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Heart2
Posted by
Junior Member

11 Sep 23 #521734 by Heart2

Topic started by Heart2

Hi,
Just went through the ex's E form and have a small question regarding a pension CETV figure. An annual statement in April 2022 stated it was worth £10,300 so there is another year plus to go on plus the employer's contribution. The CETV figure has come through as only £12,300 which seems low considering the annual statement in 2022. Does anyone understand them and if this is accurate?

Rickoshea
Platinum Member

12 Sep 23 #521736 by Rickoshea

Reply from Rickoshea

Is it a Defined Contribution or Benefit pension?

If DC do you know what his salary and normal contributions are? Could just be poor investment choices have dropped in value as it's been a volatile year. What sort of value were you expecting it to be?

And if it is actually a DB pension are those actual CETV figures or annual income rather than CETV?

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