pensions 'double counting' - apples and pears

Good to know the solicitor admits being baffled - mine pretended instead - very dangerous and damage irreparable after the event.
You wrote:
1. there appears to be no distinction made btwn income from public sector final salary scheme [which is index linked in some way?] and money purchase - which I assume is not - so my small brain suggests a share of the former is a more valuable resource than a share of the latter?"

I'd love to know the % difference - if any? - that the actuary finds between the income from your partner's share left in the final salary scheme and the same share moved out to a defined contribution scheme.
My instinct was/is that transferring out of a final salary/defined benefit scheme would be madness - as you say index-linking alone puts it streets ahead -
but what I/my solicitor/barrister didn't understand was that the rules applying to my share would be entirely different/much worse than the rules applied to the original pension.
Do you reckon the actuary knows exactly how the pension scheme would treat your partner's share/aka pension credit if he left it in the original scheme?

maggie wrote:

You wrote:
1. there appears to be no distinction made btwn income from public sector final salary scheme [which is index linked in some way?] and money purchase - which I assume is not - so my small brain suggests a share of the former is a more valuable resource than a share of the latter?"

Hi Maggie - I think Peter from BDM posted a repsonse that suggests I might have got that wrong and that you can get money purchase 'index linked' pensions. What we need to clarify with the actuary is whether he has based his figueres on the assumption that this is what my partner could purchase when he retires or whether the figures he gives for income are flat-line [not sure that's the right term]. Basically unsure if he's comparing a pension figure that's static with one that's index linked - if so that's where my 'apples and pears' come from - or whether they are both indexed in some way.

I'd love to know the % difference - if any? - that the actuary finds between the income from your partner's share left in the final salary scheme and the same share moved out to a defined contribution scheme.
My instinct was/is that transferring out of a final salary/defined benefit scheme would be madness - as you say index-linking alone puts it streets ahead -
but what I/my solicitor/barrister didn't understand was that the rules applying to my share would be entirely different/much worse than the rules applied to the original pension.
Do you reckon the actuary knows exactly how the pension scheme would treat your partner's share/aka pension credit if he left it in the original scheme?

Short answer is I don't know but partner's stbx's pension is with the Teachers Pension Scheme and my undertsanding is that any pension share has to be made within the scheme and there isn't any other option. Maybe Peter or other pension guru could confirm?

BW
Mzz

Definitely only internal credits available in the Teachers Pensions Scheme.

Thanks Peter
Can I ask another question about pensions please and see if anyone can advise? We have now got to grips a bit more with 'actuaryspeak' and sol is sending him some clarification questions which should also help.

Most posts I've seen about pensions seem to suggest that in a long marriage it's the whole 'pension pot' - on both sides - that gets taken into account. Partner's stbx is arguing that only service during marriage / cohab [22 years] should be taken into account. I know that's the case in Scotland but does anyone have experience of a judge accepting that at FDR / Final hearing here in England?

As the pensions are in payment or will be very soon I thought I'd read somewhere that they were dealt with on the basis of equalising income?
Any thoughts gratefully received.
Mzz