Hi, thank you for your question. Just a bit more information required:
-Please confirm if the separation agreement/financial settlement has been approved by a court?
-What are the exact terms of the pension sharing?
-What is the value of each pension, and which one is the sharing in relation to?
Thanks for confirming. Firstly, it will not make a massive difference which pension it comes from as you will be set up a separate pension to put your agreed share.
However, the share you have agreed to amounts to about 18-19% of the pension. Whether this is a fair settlement or not is difficult to confirm as I will require a lot more details, and it will be for a court to approve a settlement to make it final. If the agreement is not approved by a court you will both be open to potential financial relief claims by the other even after divorce and until the potential applicant has remarried.
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