Pension split

pidleynet

I was separated 2 years ago. The amicable agreement we came to was that I stayed in the family home and bought her outright a new home to the value of just under half on the family home and gave her £50,000 in cash which was half of our savings + the difference between the 2 houses.

We have 2 children and they live jointly, spending half the time with her and half with me.

I pay for everything for the children (clothes, school costs etc.)

She now has a new partner living with her but I believe he doesn't work.

I have started divorce proceedings on the 2 years separation basis, but she now wants to re-visit my pensions (amounting to about £9k a year on retirement) which at the time she agreed to leave alone.

Where do I stand with the pensions? Will I have to transfer half to her? I cannot afford to 'buy her out' of the pension in cash for half of it's transfer value, which she has suggested.

Thanks for any advice!

Guest101

Was your 'amicable' agreement in writing and did both parties get independent legal advice?


Frankly with those sums of money, if you answer no to either or both of those I'd be shocked.

pidleynet

Sadly, no it was written but not endorsed by a solicitor.

Guest101

pidleynet wrote: »

Sadly, no it was written but not endorsed by a solicitor.

Well better than nothing.


You are going to need legal advice on this, but the split is not about being equal, but rather being fair.


Which it sounds like it was.


With both of you having earning potential

pidleynet

We both have earning potential, but she's chosen not to really utilise hers and had been living off of her half on the savings etc.

Expensive holidays and new car have made a dent so I now think she's back for more.....

Guest101

pidleynet wrote: »

We both have earning potential, but she's chosen not to really utilise hers and had been living off of her half on the savings etc.

Expensive holidays and new car have made a dent so I now think she's back for more.....

That's irrelevant.


She has earning potential. And that is what the courts will look at.

burlington6

I'm going to give you the common answer women give other women but when a man says it, it usually gets a negative response.

Make sure you look after yourself and take her for everything you can.

You tried being civil and look where it got you.