Divorce and pensions

[Louise000000]

Sorry I'm going through previous threads trying to find a definite answer to this if anyone knows
Stbxh wants £30k to buy him out house
His pension is sitting at £50k
Can he in theory withdraw cash from his pension to pay me? How does this work?
Thanks! I want to get the amount I need to take a personal loan out for as low as possible!

We are both in our 30s if that's relevant

No he can’t. You could get a pension sharing order awarding you part of his pension fund but that would still need to stay within a pension arrangement until you’re old enough to draw it. The current minimum age to draw on a pension is 55 but this is due to go up to 57 in future.

I understand thanks!

1 Speak to a family solicitor.
2 Make sure he doesn't consider going to a scammer. they're persuasive, and the regulators miss a lot of them
3 If he's planning to emigrate, a transfer abroad might be possible - watch for that
4 He can't borrow with the pension as loan security, but it should be disclosed if he's applying for a loan - its a plus point.
Hope this helps.

The Pensions Advisory Service can help with pensions and give you a joint appointment to go through your options. They are very good,all free and impartial.