The equity in the house was £360,000. I have assets of £50,000 and my husband approx £90,000. ( we each had £50,000 from sale of house 4 months ago). Pension pot for my husband is £945,000 ( £45,.000 /yr and lump sum - £140,000) + additional pension of £47,000 approx £2,500/yr and mine pension pot is £235,000 - lump sum of £35,000 and annual pension of £12,500. we are due to retire with this pension in 4 -5 years time and then state pension in another 6 years.
hope this is helpful.
I would like to buy house of £325,000. My ex husband has a partner with a house on market for £750,000 to be split with her ex husband.
Yes. We both have NHS pensions. so money can be moved across. Starting point from my solicitor
is 50% split of joint pensions, My husbands solicitor was only proposing a 60% share in his favour and just 40% to me. Possibly we may have some agreement to a 55% split to my husband and 45% to me for larger % of assets but this is not fully agreed yet.
we were married at age 21 so yes married before start of paying into pension. We have been separated for last 3 years so a total of 32 + 3 years.