Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How is the value of a defined contribution scheme calculated on divorce?

April 26, 2017calculated contribution defined divorce Scheme value

0

Posted

How is the value of a defined contribution scheme calculated on divorce?

1 Answer

0

Posted

Calculating the value of a defined contribution scheme is much easier than a defined benefit scheme. This is because the value of these pension arrangements depends on the contributions made to date, the investment growth and the charges. Therefore the CETV produced by the provider and required during ancillary relief proceedings as shown in the step-by-step guide will usually be sufficient in determining the value of the retirement benefits.