So I’m currently going through a divorce. Me and my ex have agreed to how we will split things and are currently having a consent order drafted.
The only problem is that my ex has recently “deferred” his pension (for 12 months). Meaning his CTEV is massively reduced and is now showing as worth less than mine (by about £25k)
Without the deferment, his pension would be worth about £100k more than mine and so that’s what we were using as an offset for me keeping the matrimonial home (with our two kids who I have 100% custody time of) as the home has about £80k equity.
I’ve tried to explain to the solicitors that this is simply because he’s chosen to defer for 12 months and is actually far less than what his pension will ultimately be worth, but the solicitor said the judge may still reject the consent order due to the figures we have right now.
Has anyone else had something similar and managed to get the consent order? I won’t be in a position to buy him out of the house, nor would I be able to buy a house on my own where we live if we had to sell to give him equity.
It all seems a bit unfair that the figures can be skewed like this!!