This section contains a range of information resources on how pensions and divorce. This includes guides to valuing pensions and also options for sharing pensions by methods such as offsetting or attachment.
After an extensive consultation process, the calculation basis for Cash Equivalent Transfer Values (CETVs) for final-salary pension schemes is changing. The new basis is due to come into effect in April 2008, but this does not mean that thereafter CETVs will always produce a fair value for dealing with pensions in a divorce or dissolution.
The CETV (cash equivalent transfer value) is the most widely used valuation method for pensions. But there are some circumstances when the CETV is not the most appropriate method and where it may significantly undervalue a pension.
A State Pension forecast gives you in today's money values: an estimate of basic and additional State Pension you may get based on your National Insurance contributions so far, and an estimate of basic and additional State Pension you may get when you claim your State Pension.