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pension sharing and division of assets

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dkg
Posted by
New Member

01 Nov 10 #232191 by dkg

Topic started by dkg

hi just looking for a bit of advice. H & I are just beginning divorce process and i'm confused where pensions fit in. He has an NHS pension with a CETV of £500K, mine is CETV £30K we have assets from property etc of approx £500K but £100K of this is tied up in his business. He's keen to keep his pension and give me a lump some now but how much should this be? does CETV get divided 50/50? we've been married for 21 yrs and have 3 teenage children

LittleMrMike
Platinum Member

01 Nov 10 #232220 by LittleMrMike

Reply from LittleMrMike

I'm afraid I don't know where to start ! In principle a lump sum could be acceptable but how much would it be ? Logically it should be enough to get you a pension more or less equal to what you would have got with a pension split ; but not being a licensed IFA I cannot, as a matter of law, give you advice.

I think there's someone called The Divorce IFA who might be able to assist.

LMM

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