Yes.

Only exceptionally will sharing 50% of the CETV of a defined benefit pension or pension in payment to a spouse produce an equal split of benefits between the two parties.  This is to do with the different ways schemes implement pension sharing orders.  There are at least three different approaches used in practice.

Our reports should be used when any of the following apply. 

• When more than one pension is involved
• A defined benefit or in-payment pension is to be shared
• You want to equalise income at retirement
• You want a bespoke sharing target to meet your specific needs
• You want to choose the most efficient pension to share
• You want to identify any financial loss to the two parties from a share
• You want to identify any extra risks to either party from the share
• One or both of the lives is in poor-health

The more that apply, the more you need one of our reports.  Please note that not all providers of actuarial reports meet all these needs.