Trying to come up with a deal

I have 4 pensions CETV totalling £82,487.87 my stbx has a goverment pension of £175,942 I'm 54 this year she is 46.
Taking everything else out of the equation if I want to use the difference as a negotiation chip how much am I talking about?
I assume it's not as simple as taking one from the other.

I too would be very interested in this. Only for me it is the other way around, I have the pension of 152,000 and he has 77,000. I am 53 and he is 48.

Hi,

It depends on what outcome you are looking for. Taking the pensions in isolation there is usually two approaches: equality of capital and equality of outcome.

As you can imagine both will give a different answer.

Equality of capital is the simplest and it is a matter of adding the two CETVs together and dividing by two.

But this does not take into account many variables - age, sex, health, etc and as a result the outcome (i.e. the pension income will be different for each party).

Equality of outcome attempts to overcome this by allowing for age, sex and health in the calculations and therefore, the split between the pension is rarely 50:50 as in the equality of capital calculation.

If equality of outcome is desirable, (i.e., both parties leave the divorce with the anticipation of receiving the same amount of income from the pension split) then you would need to enlist the services of an actuary to assist you.

Regards

Phil

Thanks Phil,
What I'm trying to do is leave my stbx's pension alone but have a figure that I can use to offset against other assets in the split i.e. £46742 is half the difference, is it reasonable to use this amount to offset against the value of a second home?