Pensions when divorced

AnotherJoe

mania112 wrote: »

If your share ends up being a pension (which it should be because your ex would have to wait until age 55 and then pay tax on withdrawing it as cash) the question is how old are you? You will have to wait to age 55 too.

It seems your ex is under the impression a pension can be accessed at age 50, that is no longer the case for 99% of pensions.

I think you and others are reading way too much into the OPs statement about the ex being 50.

She merely said that her ex said he'd see her right when he got his pension, and that he was 50. She did not say he said he could get his pension at 50

talkchat

If you don't have a formal agreement, and you are now divorced, it maybe difficult, although not impossible to have a claim on your ex's pension. It's best to get these agreements set out in a financial order from a solicitor.

maximumgardener

you may need the "goodwill" of your ex spouse to take this forward with any success.

perhaps if you are on good terms you can see a solicitor / arbitrator together
to put a plan in place for 6 years from now if that is agreed.??

Citizens advice is a good place to start as has been commented already.

Your ex spouse may well have valid reason/s not to wish access to pension funds at 55 ?
Pension monies are intended for retirement

Dory15032011

Thank you...he just doesn't appear to be bothered sorting anything and I don't want to keep hassling him, I'll give it a go and see what response I get if any. Thanks again

princeofpounds

I don't want to keep hassling him

If you genuinely have an agreement, or think you do, this is not hassling. It will benefit both of you to actually have a clear (and preferably written and legal) understanding of what is supposed to happen. Only that will stop you worrying about it and feeling like you have to check up every so often on what is going on.

Dory15032011

Well my fear exactly...he has already met her and they have been together since we split, she will have definitely put these thoughts into his mind...I know this for a fact...hence my concern...maybe I should speak to somebody at the courts...thanks for your reply

atush

If you never had a financial settlement, and didnt ask for any maintenance, then you probably still can have a financial settlement as the pension should have been split at the time of divorce. You can no longer have a 'clean break' w/o a financial settlement taking into account all assets incl pensions. Did you use a solicitor when you divorced? Go see them and ask.

What did your family lawyers say? did they offer to write a letter? If not, see the CAB and ask for help there. You do need this sorted out, esp before they marry.

But even if so, that isnt going to help you out with finances, so you need the CAB for help there too.

PasturesNew

Ask the 3 kids for £10/week pocket money from each of them.

PeacefulWaters

I can't believe people divorce without consent orders being put in place.

Insane.

atush

I certainly wouldnt entertain the idea, esp as he obv had a mistress waiting in the wings to take up her place