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Your current position: Home FAQs on general divorce issues Does the treatment of pensions differ if we go collaborative?
Does the treatment of pensions differ if we go collaborative? PDF Print E-mail

In essence, no.

There is still the need to identify which pensions exist, have them valued, exchange that data, validate it, and then develop a financial settlement which includes the pensions.  The settlement can then be finalised using a Court consent order.

All the options of offsetting, sharing, attachment and combinations thereof remain available.

However the process and level of accuracy can be adjusted to reflect the non-combative nature of the divorce.  There are two significant differences:

  • The inaccuracy of defined-benefit CETVs and CEBs should rule out their use.  Instead the accuracy of the inexpensive Express Pension Valuation should be sufficient and a full valuation report not required.
  • You may still want to adjust for the importance of cash to you, as opposed to distant pension income and our offset report provides an objective basis for this.
  • Any actuarial report on sharing options should be used as much as part of understanding the financial position of the two parties longer-term, as it is used to determine the sharing percentage.
 Pension Guide for Clients  Offsetting reports  Pension sharing reports
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