Pension Sharing Order Transfer on Divorce

Pension Sharing Order Transfer on Divorce for 1 X ex-partner's pension transferred to a pension scheme in your sole name (if you have more than one pension to be shared/transferred to you, please contact us to discuss discounted terms that we may be able to offer).

Existing Pension: The courts will issue a pension sharing order as part of your divorce settlement.  We will:

  • Deal with your legal advisers to secure a copy of the sharing order.
  • Deal with your former partner's existing pension provider and obtain 'transfer out' documentation to enable pension funds to be transferred into a pension in your sole name.
  • We will research and recommend a suitable pension scheme for you including pension analysis, sending Pension Sharing Order to existing and new pension schemes (where required), full sharing order transfer recommendations plus HMRC liaison and including fund sector recommendations and provider/installation and application to completion
  • We will send you with a full written advice report with our recommendations and details of the actions to be taken, including your income and growth requirements, attitude towards risk and details of the pension scheme chosen for pension with full fund recommendations. 
  • Pension sharing order transfer scheme application forms/instructions will be handled by us.
  • Pension funds will be sent directly from the existing pension to your new pension direct once you have signed their forms.

Fees are made up of two parts to make up the total fee:

  1. Fixed Fee Element - this is a fixed, flat fee per pension scheme, whether you have £50,000 or £100,000 in a pension fund, the same works and analysis are required to facilitate pension analysis and transfer.  If you have more than one pension to be shared you will need to ADD and give details of each pension separately in your basket.
  2. % Risk Fee Element – this is a 'one off' fee based upon the value of the pension fund being transferred.  It is representative of the liability that we take on as advisers and the fees that we pay to insurers, ombudsman levies and regulator levies that are based upon the volumes of work that we do.  E.g.  the liability we take on for a £50,000 transfer is much lower than for a £1m transfer, hence a proportionate charge.  The part 2 fee can either be paid direct or from your pension fund.
  3. These are 'ONE OFF' fees.  There is NO ONGOING % adviser charge paid to us, unlike many other advisers who take an ongoing % each year meaning more of your investment and growth stays in your fund.

Pricing / Purchase Options

1. Non Face to Face Paid Upfront
25% Discount Part 1 Fee
Part 1 : Fixed Fee Element (Upfront) - £1,270.50
Part 2 : % Risk Fee Element (Upfront) - 0.75% of Transfer Value/Shared Amount CETV (£) e.g. 100,000
2. Non Face to Face Paid On Completion
15% Discount Part 1 Fee
Part 1 : Fixed Fee Element (Completion) - £1,439.90
Part 2 : % Risk Fee Element (Completion) - 0.75% of Transfer Value/Shared Amount CETV (£) e.g. 100,000
3. Face to Face Paid Upfront
10% Discount Part 1 Fee
Part 1 : Fixed Fee Element (Upfront) - £1,524.60
Part 2 : % Risk Fee Element (Upfront) - 0.75% of Transfer Value/Shared Amount CETV (£) e.g. 100,000
4. Face to Face Paid On Completion
Standard Fee
Part 1 : Fixed Fee Element (Completion) - £1,694.00
Part 2 : % Risk Fee Element (Completion) - 0.75% of Transfer Value/Shared Amount CETV (£) e.g. 100,000

Related Products


Explore our Site

About
Advice
Money MOT
T and C