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CETV - for dummies

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debs78derby
Posted by
Junior Member

11 Nov 21 #518104 by debs78derby

Topic started by debs78derby

I hadn't heard the term CETV until recently, i understand what it is (i think!) but is there a very rough guide to what it may equate to? if no public sector or final salary etc things are going on, just a pension that has been contributed to (and continues to be) at a high percentage.

so say £100 value currently and i'm 43, do you have to get a CETV or can you (reasonably) just both accept that it is £100k and that goes into the pot to divvy up? or is the CETV usually lower than this.... or higher....i really have no idea

debs x

Rickoshea
Platinum Member

11 Nov 21 #518106 by Rickoshea

Reply from Rickoshea

If it isn't a Defined Benefit Scheme then yes it's just the current value of the pot as per either your statement or if the Pension company provide you a value. That would be the "Transfer Value" at that point in time

debs78derby
Posted by
Junior Member

19 Nov 21 #518160 by debs78derby

Reply from debs78derby

Thanks, good to know that there isn't any shock coming on that front

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