Pension issues arising on divorce are often very significant: the divorcing couple’s pensions may indeed be the most valuable assets that they possess. However, such pension matters pose a number of complex issues that need to be considered, including:
We can provide independent actuarial advice in such cases, and we draw on the experience of having produced over 3,000 such reports in the last ten years. Our single joint expert witness reports can be relied upon by the Court, the parties and their instructing solicitors with a view to determining the most equitable way to deal with the pension issues posed as part of the divorce.
The services that we can provide in this area are as follows:
We bring all of the above together in our expert witness report, a document that we pride ourselves on making easy to follow and be understood by whomever reads it. Each report is bespoke to the specifics of the parties’ pensions and requirements of the Letter of Instruction, but nonetheless our reports reflect the wide body of expertise that our report writers have developed over the years.
Here is a flavour of some of the pension types with which our report writers are well-versed:
Sometimes the divorcing parties are agreed that there is to be no sharing of pensions, and any difference in the pension assets that each will retain is to be allowed for in the distribution of the non-pension assets e.g. the Former Matrimonial Home.
In such cases, we can provided an abridged, offsetting-only report which deals with appropriate valuations of the parties’ pensions for such purposes and which sets out suitable adjustments that may be required when comparing pension assets with the other non-pension assets. Our approach is fully in keeping with what is discussed in the PAG Report.
We are also able to provide various other services in respect of pensions matters upon divorce to assist you. These include:
Where we are asked to serve as a single joint expert, we normally take instruction in such divorce cases only from solicitors i.e. we require that parties are represented, rather than acting as Litigant in Person.
Direct instruction from unrepresented individuals in respect of single joint expert witness work will only be countenanced in very limited circumstances, and we will always require that at least one of the parties has legal representation. The reason for this is that there are a number of protocols with which a single joint expert must comply, in particular around being able to demonstrate impartiality and objectivity. This is much more easily achieved where both parties are represented by solicitors.
However, we are content to consider direct instructions from unrepresented individuals where we are not bound by the constraints of serving as a single joint expert.
Pension issues arising on divorce are often very significant: the divorcing couple’s pensions may indeed be the most valuable assets that they possess. However, such pension matters pose a number of complex issues that need to be considered.Learn more Quote Request
We are able to provide an assessment of loss of pension rights for use in legal proceedings and employment tribunals. An individual may lose pension rights following the action of others, for example, through unfair dismissal or through an accident (whether at work or otherwise).Learn more Quote Request
Another area where we can provide actuarial support is with respect to the valuation of life interests in Will Trusts. This is where a Will Trust has been written to provide benefits for an individual for the remainder of his/her life.Learn more Quote Request
Alternatively, you can request a quote directly