Divorce is a stressful time for all concerned, with a great deal of upheaval and uncertainty while financial settlements are negotiated.
Pensions are confusing enough without having to work out how to get an equitable split on something as important as your pension. Getting it wrong is literally something you will regret for the rest of your life.
Solicitors are there to handle the legal side of divorce and to negotiate the best settlement for their respective clients.
Actuaries can calculate the long term value of benefits accrued in a scheme during the marriage.
Scheme administrators can explain the process and costs in getting a Pension Sharing Order, or Earmarking Order.
However an experienced Independent Financial Adviser is needed to ensure that, through all the twists and turns of negotiation, you understand how an equitable share can be reached and what it will mean to both parties when they come to take their benefits. The final part of the jigsaw is to advise you what to do for the best with your share.
Chris has had experience of assisting scheme members and the spouses of scheme members through some interesting and prolonged settlement negotiations and receives referrals from the lawyers involved in some of those negotiations, who are happy to refer him to new clients going through divorce.
So if you are in this situation and need some help please contact us