SIPP pension / divorce / how to share?

[MaryDivorce]

I am a teacher and have a pension worth £200K CETV

Ex has £200 in a pension CETV £200k

He also has £300k in a SIPP pension that owns property. Does a SIPP have a CETV value? How can the SIPP be shared?

All advice appreciated. I do have a solicitor but she charges me every time I ask a question.

We had a house that we rented out that he now is living in equal to the cash value of the family home so that’s all sorted. We both work full time and co-parent.

This is a good explained

icfp.co.uk/sipps-divorce/

The obvious solution would be for you to have a share of his non SIPP pension to equalise overall values, but you really ought to have a proper actuarial report to ensure neither of you is being sold short. Valuing a SIPP like that is pretty tricky.

You really need to pay for an actuary report - in my mums case it was worth its weight in gold, she got 76% of the pension

Thank you both

@MrsBertBibby that’s an excellent and clear explanation. Unfortunately that looks like the position I’m in. His company occupies the industrial unit that the Sipp pension owns. There’s no other liquid assets to offset against this.

How are usually split in this case? Do I get a pension share somehow or is he/the pension forced to sell the asset?

Sorry I thought you had a pension each of £200K

You need advice from someone like these people
mcact.co.uk/services/pensions-divorce/

A SIPP is the value of the assets within it. The transfer value is that value.