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Divorce settlement
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colliecrew
Posts: 246 Forumite
Hi,
Looking for a wee bit of advice with regards to financial settlements after divorce.
My wife and I were married for 12 years(no children), with both of us earning very close to the each others salary. I am a nurse and have an NHS superannuation pension, my wife has worked for several organisations and has never properly organised her pension provision, ending up with a poorly performing Scottish Equitable pension. We are currently going through a divorce and my pension is worth £45k more than my wife's Do I have to make this up by giving my wife 21k from the sale of our home. Does this seems correct?
Thanks in advance for any and all advice
Looking for a wee bit of advice with regards to financial settlements after divorce.
My wife and I were married for 12 years(no children), with both of us earning very close to the each others salary. I am a nurse and have an NHS superannuation pension, my wife has worked for several organisations and has never properly organised her pension provision, ending up with a poorly performing Scottish Equitable pension. We are currently going through a divorce and my pension is worth £45k more than my wife's Do I have to make this up by giving my wife 21k from the sale of our home. Does this seems correct?
Thanks in advance for any and all advice
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Comments
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This is one for the solicitors to be honest. The quick answer is no you dont have to, if she has been able to contribute to her pension throughout your marriage and the other assets are being split equally, then there is not neccessarily a precedent for you to make up the difference.
However, if she can prove that she has had to move jobs to support you in the marriage (for example if she moved jobs as you moved house due to your employment) then she may have a claim on your pension.
If she has been able to make equal contributions into her pension as you have however then you cannot be held responsible for the performance of her pension fund.Free/impartial debt advice: Consumer Credit Counselling Service (CCCS) | National Debtline | Find your local CAB0
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