Re:Is this a fair settlement?

Me ex left with all our retirement funds bet £80,000 - £100,000. He continues to earn a huge amount. I work part time due to 3 kids. They are all grown up now. My daughter (21) is the only one who lives with me. My ex has finally agreed to let me keep the house (worth £221,000), will now start giving me maintainance of £400 a month until he retires 2015 or earlier. He has also agreed to give me 20% pension. His pension is around £438,000 and mine is £53,000. Is this a fair deal as it doesn't take into account all his dissipation of our money. He earns around £46,000 a year. I have problems with my knees and other health problems. Is it worth going to the courts to chase for more pension or make him account for his hidden money. Will the courts include these funds into the pension sharing order.
Someone please help me


Please note: duplicates of this post in other forums have been removed to avoid confusion - Teamwiki

Without the missing money the proposed split of the figures would be £361k to you and £351k to your husband. Are the values of the pensions the CETV or actuarial valuations because that could make a difference?


What evidence is there of missing assets? Do you know the accounts they were held in? Would any transfers in or out show up in bank statements or credit cards show any unexplained transactions? If it can be shown that substantial assets have been dissipated they may indeed be added back and taken into account.

Without the missing money the proposed split of the figures would be £361k to you and £351k to your husband. Are the values of the pensions the CETV or actuarial valuations because that could make a difference?

What evidence is there of missing assets? Do you know the accounts they were held in? Would any transfers in or out show up in bank statements or credit cards show any unexplained transactions? If it can be shown that substantial assets have been dissipated they may indeed be added back and taken into account.

The values of the pension is CETV. How would it make a difference bet this and actuarail, would it be more or less?

My ex kept a precise expenditure/income in a book and all his stocks and shares were kept in a memory stick. He has provided the last 4 years of banks statements. These show that he has 'donated/given' away £10,500 to various woman, which he says has now gone. I believe these are loans. Two women have returned some money.Rest of the money has been withdrawn in large sums each month. He has/had lots of accounts from which he keeps transferring from one to the other so that it causes confusion.The total cash withdrawer for 6 years was to £24,425.07 cash withdrawal.There were also large sums of money spent on Visa account during that period. Further there were withdrawals from Plus savers and E-savers accounts during the periods 2006 – 2009 amounting to £33,150 and the amounts deposited and withdrawn in FD for the period of Jan 2006 – Jun 2010 was £29,310. So, you can see it gets quite confusing. My solicitor asked him in the questionnaire where all this money had gone, but he didn't reply specifically.
Although I have the house, it needs a lot of maintenance and is extremely cold as I can't afford heating bills. I need some income when I retire.

Gert better people than I will be able to deal with the specifics of your situation but I can relate to the position you are in. It happened to me, so I know how desperately unfair it feels.

Stay focused on what you need in order to survive and for the future.

Best wishes.