Pensions

Pension sharing in Carlisle, Cumbria and Northumberland

Pensions are often overlooked when divorcing couples try to agree a financial settlement. However, pensions (particularly public service pensions) may be the largest matrimonial asset. Often specialist actuarial advice is required before pensions can be divided appropriately.

Advice about matrimonial pension claims is rarely given in isolation. It requires oversight of both parties’ financial positions. Consideration needs to be given to offsetting, pension sharing and pension attachment.

Our solicitors can help with:

• Obtaining Cash Transfer Values for your pensions and explaining what they mean
• Comparing respective spouse’s pension provisions
• Instructing actuarial experts for pension valuations
• Negotiating financial settlements that include Pension Sharing orders
• Exploring ‘offset’ options where one party retains their pension but the other party receives more capital