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Pension and terminal illness

3 replies

Mylifestartstoday · 18/07/2021 13:10

We are in the middle of having our pensions valued by an actuary. My ex has been diagnosed with a form of cancer that doesn’t need treatment at the moment, but will need chemo in tablet form at some point. It is a terminal cancer, there’s no cure, however it can be ‘managed’. Life expectancy is an unknown due to the peak/troughs of the disease.

This will obviously have an effect on pension division.
He is 56, CETV £900k
I am 53 CETV £300k

We’re having to go to court as he refuses to discuss settlements. Will the diagnosis affect how the pensions are split?

18 year marriage, 2 children who he doesn’t see (his choice). I don’t work due to a long standing chronic illness. He works full time.

He left us without a penny, and took 25% of his pension in cash at 55 without disclosing.

I’m very concerned that court will see him take even more, and wonder whether I should just give in and walk away. The last 2 years have been horrendous mentally.

OP posts:
prh47bridge · 18/07/2021 13:46

Pensions are not considered in isolation. They are part of the full financial settlement on divorce. You need to consult a solicitor.

Mylifestartstoday · 18/07/2021 15:32

There’s just pension division to agree to…….he’s spent everything else or hidden it away during/after the marriage.

OP posts:
notapizzaeater · 19/07/2021 09:49

I dint see why it should impact his pension tbh - the actuary will make sure you both end up with equal shares at the point of retirement. Does he intend stopping work ? That might affect it but with such a big starting gap you should be due a chunk of his.

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