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PODE report

  • Freedom24/25
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06 Sep 24 #523940 by Freedom24/25
Topic started by Freedom24/25
Hi

Im not sure if anyone is able help me, but I need to instruct a suitable Pensions Expert to provide a report. 1. Do I instruct one myself? The order just states shall jointly instruct. Does anyone know of any companies who can do this? I'm struggling with this part.

  • hadenoughnow
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06 Sep 24 - 06 Sep 24 #523947 by hadenoughnow
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Jointly means that this is a Single Joint Expert Report - ie it is a joint instruction to one expert. Costs of the report would normally be shared equally unless the Order states otherwise.
The usual way of selecting an expert is for one of the parties to find 3 and get quotes and timeframes and the other to select which of the 3 they want to use.
There should be an agreed letter of instruction setting out the calculations needed. Usually this is equality of income at normal retirement age but a lot depends on the precise circumstances. You may, for example, want to ask for calculations excluding pre matrimonial or post separation pension accrual. You may want offset calculations if you're thinking of swapping pension share for hard cash.
You will need to provide up to date CETVs, Forms P if you have them (filled in by pension provider) and section 2.13 of the Forms E. Letters of authority may also be required.
Neither party should communicate unilaterally with the expert once they are engaged, everything should be done jointly or at least copied.

Hadenoughnow
Last edit: 06 Sep 24 by hadenoughnow.

  • Joanne Slater
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08 Sep 24 #523968 by Joanne Slater
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We used a company called "Actuaries for Lawyers" who were recommended by my solicitor. My husband (soon to be ex) and myself had to pay about £1850 each for the pension report. Best of luck

  • Exhausted24
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01 Dec 24 #524660 by Exhausted24
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There is a document called PAG2. It has a template letter.
Re your other post.
If she wants to get the report based on 60 she can if you want 67 you can. Put both in the joint instruction.

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