Case Study One
An Undervalued Public Sector Pension
- Situation
- A client settled after a 22-year marriage, accepting the family home in exchange for waiving any claim against her former spouse's public sector pension.
- Challenge
- The pension had been presented at its cash equivalent transfer value, which significantly understated the guaranteed income the scheme would ultimately provide.
- Outcome
- A specialist actuarial reassessment established the true value of the benefit, and the shortfall against the intended equal division was identified and addressed.
“I had no idea a pension could be worth so much more than the number on the paperwork.”
Recovered
£410,000
Illustrative placeholder figure, before discounts
