It is understandable at a time of distress and financial difficulty to question whether such a Pension Sharing Report is worth the extra cost within the divorce process. Our response to this would be severalfold. Firstly, it should not be an extra cost, it should really be one of the first costs in a divorce. … Continue Reading
Category
Timescales
Benefits of you collecting your pension data?
The main reason Collins Pension Actuaries asks parties to gather pension information is that ultimately it is a quicker means of obtaining a Report. The Provision of Information Regulations governing what pension information should be supplied in a divorce case is narrow and open to different interpretations. Those regulations were not designed with the author … Continue Reading
When to request a CEV
Collins Pension Actuaries requires as up to date as possible Cash Equivalent Transfer Values (CEV) for your pensions in order to provide accurate Pension Sharing illustrations. However, it is often the case that we are provided with CEVs which are more than a year old and which will ultimately require updating because Pension Sharing Reports … Continue Reading
Timescales
For many divorcing couples the decision to request a Pension Sharing Report comes some way through an already lengthy and stressful divorce process. With costly imminent Court Hearing dates, one of the first questions solicitors and clients ask Collins Pension Actuaries is in respect of timescales. In short, how long will it take to prepare … Continue Reading