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Divorce - pension sharing report
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Justlurkin
Posts: 22 Forumite
Good morning,
Our pension sharing report suggest 2 different sharing options?
Naturally both parties want the bigger %. Can someone please explain the difference.
TIA
Our pension sharing report suggest 2 different sharing options?
1 - Based on equity of value @ 60.88%
2 - Based on equity of income @58.88%
Naturally both parties want the bigger %. Can someone please explain the difference.
TIA
0
Comments
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first is so that you both have the same 'capital' i.e. amount in the pot.
Income equality is so that you both have the same drawdown in retirement.1 -
Correct. Equity of income is more usual, the percentage being lower may be because it he receiving party is younger than the paying party so has longer to go before reaching retirement ageVyEu said:first is so that you both have the same 'capital' i.e. amount in the pot.
Income equality is so that you both have the same drawdown in retirement.All posts are my personal opinion, not formal advice Always get proper, professional advice (particularly about anything legal!)0
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