Pensions on Divorce Support fo Pension Schemes
Pensions on divorce is a highly specialised area, bringing together pension legislation, family law and complex actuarial considerations.
For pension scheme trustees, managers and administrators, divorce cases can raise questions and challenges that sit outside everyday scheme administration.
At Excalibur Actuaries, our experts have trained and worked with major pension consultancies and have extensive experience of pensions on divorce.
Having dealt with thousands of cases, we understand both the information Pension on Divorce Experts (PODE) need from schemes and the practical challenges schemes can face when dealing with divorce.
Working together to improve pensions on divorce
We want to improve pensions on divorce outcomes. We believe that requires greater understanding, cooperation and collaboration across the pensions and family law professions.
We can support pension scheme trustees, managers, administrators, including third-party administrators, actuaries and legal advisers in three key areas:
Training on pensions and divorce
Pensions on divorce involves a combination of technical, professional and legal considerations that may only arise occasionally for pension scheme teams.
We provide practical training to help teams understand how pensions are considered on divorce, the role of the Pension on Divorce Expert and some of the challenges that can arise during the process.
We can also provide training and communications designed specifically for pension scheme members.
Developing pension scheme information packs
CETVs and standard benefit statements do not always contain all the information a Pension on Divorce Expert requires.
This can lead to additional correspondence between the expert and the scheme administrator, creating more work for the scheme and potentially adding time to the divorce process.
Many pension schemes have developed detailed information packs for financial advisers. We can help schemes take a similar approach to pensions on divorce, identifying the information commonly required and developing information packs that make divorce-related requests easier and more efficient to deal with.
Technical Support
Having worked on thousands of pension on divorce cases, our team has encountered a wide range of schemes, circumstances and technical issues.
If you receive an unusual question from a Pension on Divorce Expert or scheme member, or encounter difficulties in relation to a pension sharing order, our specialists can provide technical support and an experienced perspective.
Trusted expertise in pensions on divorce
Number of reports completed annually
Specialists
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Talk to us about your scheme
If you would like to discuss training, improving the information you provide for divorce cases or a specific pensions on divorce issue, talk to our team.