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CETV - Provider Charges

  • D_S
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16 Sep 08 #49066 by D_S
Topic started by D_S
I have asked the Armed Forces Pension Scheme to provide a CETV. They instead provided a valuation as to the current value of my pension rights.

They also stated that should I want a CETV then I would be charged from what I can make out from the booklet £150 plus VAT as there is an additional charge to the tax payer for this service which they expect the member to pay and not the tax payer, which is I suppose fair.

Am I expected to pay this fee to provide the CETV or can I agree to my stbx solicitors applying and let them pay the fee? I am divorcing her, I dont see why I should pay, as I am already paying the Court Fees too!

  • redoctober
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16 Sep 08 #49072 by redoctober
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Hi DJPS,

Your stbx is entitled to ask for the CETV of your pension.
It is your pension - your solicitor or yourself have to ask the pension scheme to provide a CETV.
The best you can hope for is that the relatively modest fee can be paid for by both of you.

You are saying that you are divorcing her. The petitioner pays the court fees. Full stop.

Red

  • sburley
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16 Sep 08 #49110 by sburley
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you can usually request one CETV in any 12 month period.

if you ask for another inside the twelve months then the schemes can, and usually do charge a fee.

the fees are usually disclosed up front, and there are also guides laid down by the NAPF (National Association of Pension Funds), however these are only guides.

Steve

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17 Sep 08 #49302 by D_S
Reply from D_S
Thanks to both for your responses.

The petitioner can also ask for the costs to be shared or paid for by the respondant, and I can, according to my pension provider grant authority for her to apply for a CETV, and as for the fee, modest (in your opinion) is still money I resent paying out when I am divorcing her !

If there is no presecedent than I am more than happy to set one!

My pension provider has supplied a valuation, which is the one free service allowed per 12 months. I believe from reading on this site that this valuation would not be sufficient for a form E but would it be sufficient for a D81?

  • Ephelia
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17 Sep 08 #49307 by Ephelia
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If you have a free valuation (CETV) from your pension provider, then that is sufficient for form E. These are sometimes challenged by the other side but then they would have to pay for an actuarial report, or the court may order you both to share the fee...

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17 Sep 08 #49308 by D_S
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The issue is they provided an evaluation and not a CETV, there appears to be a difference!

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17 Sep 08 #49313 by Ephelia
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Sorry - suffering end of day brain fog... they should still provide you with one free cetv a year - maybe they were being bloody minded and need to be asked specifically using the term cetv.... or maybe you did that, in which case I apologise and will shut up now!

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