Pension Sharing

On the face of it, pension sharing is a minefield, and if you’ve just encountered it in your divorce, the chances are you’ve got lots of concerns and questions. We can help.

If you’re currently going through a divorce, and looking into the possibility of one, the chances are you’ve come across this term ‘Pension Sharing’.

Trouble is, when you first start looking into it, it can be a very confusing topic.

You’ll probably be reading about “decree nisi”, “sharing orders” and “pension credit”, and if you’re not an expert in finance and divorce, then the chances are, you’ll find it difficult to understand the decisions you need to make that’ll benefit you and your family the most.

What makes things even more complicated is that scouring the web doesn’t really solve this one. There’s a whole lot of misinformation out there, and loads of solicitors claiming to understand the subject when they really don’t.

At The Divorce IFA, we deal with hundreds of pension sharing cases every single year, as well as implementing 50+ “pension sharing orders”. It’s fair to say that when it comes to pension sharing, we know what we’re talking about.

There are generally three ways we can help you with pension sharing:

1)We’ll help you begin – We’re able to assist you in gathering the information that’ll help you make the right decision. We know the pension schemes inside and out, as well as some of the most accomplished pension experts; so when you instruct one to work on your behalf, we can help you get that relationship off to the right start.

2)We can help you during negotiations – Once the actuarial report arrives (don’t worry if you don’t know what this is yet, we’ll explain), we’ll help you decipher it; explaining what it means for you financially, both now and in the future.

3)We can help you implement an order – If a pension sharing order is what you want to implement, we can help you make it happen. We’ll guide you through all the jargon and liaise with all the necessary parties including you, your solicitor and your chosen pension scheme.

But before you get to any of these three points, the best thing to do is for us to have a chat and understand your situation. We’ll then be able to advise you on the best course of action. We’re more than happy to have a quick chat on the phone to find out where you’re at and how we can help, so to schedule a free call with an expert member of our team, click here now.