In the vast majority of cases, when I am asked to provide a report in relation to Pension Sharing, the parties agree the percentage of the pension to be shared and I have no further involvement.
There has been a lot of publicity about the proposed changes to the public sector pension schemes, not to mention strikes and protests. So having looked at the proposals, I thought it would be useful to firstly identify what is not changing.
Two years after Mr Osborne’s first budget which resulted in statutory pension increases moving from being linked to RPI to CPI we learn that the Office for National Statistics (ONS) is considering making changes to how both RPI and CPI are calculated.
You might wonder how on earth the crisis in the Euro zone can have an impact on divorce settlements.
It’s pretty much standard practice where an individual has benefits accrued in a defined benefit pension scheme to request a Cash Equivalent early on in the process.
Not that long ago I prepared a report in relation to pension on divorce where the husband was retired and in receipt of a pension from the BT Pension Scheme.