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When a marriage or civil partnership breaks down

Your pension benefits can be worth a considerable amount, and if you go through a divorce/dissolution, the value of these benefits needs to be taken into account. The first step is to value your benefits...

Who can ask us to supply this value?

  • As the member, you can
  • Your solicitor can (with your authority)
  • The court can (but only in special circumstances),

...but your husband, wife, civil partner or their solicitor cannot.

There are three main ways of treating your pension benefits during a divorce/dissolution:

Offsetting: where the value of your benefits is offset against other assets. So to take a simple example, you might keep your £60,000 worth of pension benefits, but your 'ex' would keep the £60,000 house.

Earmarking: where part of your pension is paid to your ‘ex’ at the point you draw it.

Pension sharing: Where the value of your benefits is split, and part of it used to set up your 'ex' with a completely separate pension pot.

Time limits

There are strict time limits for sorting out the pension arrangements during a divorce or dissolution, so if you or your solicitor need information, please fill in the Matrimonial proceedings form (77 KB) Link to Adobe PDF document, or call us on 0161 301 7000 or 0161 301 7047.

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