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Since 1996, it has been a legal requirement for the courts throughout the UK to consider a pension as a matrimonial asset in any divorce proceedings.
If part of the assets that are to be split were a business then you would ask an accountant for a fair valuation, for works of art, an auctioneer, property a surveyor or sold so for pensions ask a pension consultant. The only difference with pensions is that quite often neither party has any idea of the value, or, possibly worse still, believes that they do and negotiates on it.
Currently most divorces are finalised without the assistance of pension consultants to value the pension assets which almost certainly means that one of the parties has been disadvantaged relative to the other. This is easy to see in the case studies document which is here.
The solution
The only solution is to have the pension assets valued by qualified pension specialist who is familiar with this specialised aspect of pensions and the law.
What you need to know
Nothing, other than how to contact us, we arrange the rest, guiding you through the whole process and advising you and your client accordingly and appearing at court if necessary.
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