Hi,
total newbie here..
desperately trying to divorce my ex husband but after receiving an actuary report last week with assumptions on my
CETV I am at a loss on where to go next.
I have a teachers pension, he has a private pension from an older job and a smaller more recent pension from newer job.
Separated in 2021, only £150k equity left from house, he has finally agreed after 2 years of battle to split this 50/50 but now says he ONLY wants what the actuary report says.
Actuary report company couldn't get hold of a newer teacher pension CETV for me due to backlog, so have had to use an 'estimation', this has seen it rise from CETV of 89k (22) to now £170k?!?! I'm baffled. (15years service) report gives a few options, all of which look like 5-7k of my pension moving to him per annum? (What does this mean? Per annum from when pension began?? Not a clue?!) but none seem clear enough and all based on what I think is a massively exaggerated CETV?!
meanwhile his two pensions total £64k
incomes are similar these days - both with similar opportunities to progress
Two Children - although he only sees once a fortnight, but still argues his house needs are the same as mine, I now rent (and have done since 2021 and paid 50% for him to stay in the family home as I chose to leave)
married 6 years, cohabited 5 years prior to marriage
Both late 30s so have years ahead of us to rebuild pension.
he chose not to pay into a big pension when he was private as he is set to inherit ALOT one day from family.
I have never asked for more than 50% of equity and for our joint debts to be cleared. But it seems now he can take a big wedge out of my pension or it gets
offset from my share of equity.
The report does not mention marital / separation dates (but in now realising this is Scotland only?) or even considers the pension break he took to retrain.
Anyone have any advice on what to do next? Already 10k in solicitor fees. And exhausted.