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Review of Pensions on Divorce (article)

  • movingon6
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24 Jun 16 #480401 by movingon6
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Itsbeenalongtime...

I don''t know the answer to your question...but i was told the same as you in that i shouldn''t worry about a pension as his would be sufficient...how their tune changes when the proverbial hits the fan. So i have next to nothing for my retirement. I was also told that i didn''t really need to work however i did work...although part time to fit in around my now adult children. My financial position has become precarious as that person resents giving me anything...due to his new life with the OW...aren''t they delightful people!!
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  • itsbeenalongtime
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24 Jun 16 #480406 by itsbeenalongtime
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It is very difficult when you have a one sided controlling partner. My stbx controlled everything financial. I did the family thing, like yourself, working flexible hours to fit in all the family commitments.
30 years of skimping and saving for what I thought was going to be a long, happy,healthy retirement.
He now wants to ring fence his 5 years total, pre and post marriage, having spent all those years telling me we would be fine.
Cheered up a little by finding the information in this post that says he cant do what he wants any more. Its going to be a battle, but with my family completely behind me, im hoping that my years of "yes dear, no dear, anything you say dear" are going to leave me in a position to knock him off his very precarious perch.
You are very generous in your "delightful" quote. :), I have many different words but none of them printable.
Best of luck movingon6, stay strong, chin up and look for that cloud with the silver lining, it usually a rainbow. xx
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  • Dandoka
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31 Mar 18 #500535 by Dandoka
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Hi, Just a short question. Is the company pension I had just before my marriage included in the pot. The Decree Nisi has come through after 21 years of marriage :( has the Stbx sols want the E V on this pension.
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  • Knockerefc
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04 Aug 18 #503168 by Knockerefc
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I'm still really confused by pensions if I'm honest. My wife is a teacher 0f 15 years. We have been together for 14 years. I'm a hgv driver. I've got the standard new government pension. She has the final salary pension as all teachers have but she is claiming it's worth absolutely nothing at the moment and I'm wasting my time and money enquiring about it. Is she correct?
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04 Aug 18 #503173 by Dandoka
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She is wrong. She will need to provide a CETV for that pension which her pension company will provide her with. My Stbx solicitor was hounding me for all CETV from all pension schemes no matter how small. One is worth £1500 in total, that is the Private one I took out which lasted just a few months.
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  • Geeky
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21 May 19 #507668 by Geeky
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Hi Knockerefc,

Just wondering what happened to your wife Teacher's pension? did you managed to get her to disclose the CETV on that? what was it roughly valued?

I'm in a similar situation where my ex partner has a teacher's pension of 15 years and only disclosed that it is worth £6k, which is the annual pension payment and not the CETV, excluding lump sum.

Any advice would be great.

Thanks
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  • Mitchum
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21 May 19 #507682 by Mitchum
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As Dandoka says, she will have to produce the CETV. The value depends on the type of pension contributions she's making and whether she's full or part-time or taken some time out of the profession, e.g. career break.

As she's been teaching for 15 years I think she comes under the 'transition scheme'. You will find an explanation and some sample quotes here:

www.which.co.uk/money/pensions-and-retir...plained-az5106g8vnt7
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