"The best performing pension could produce more than three times more pension income than the worst performing one. The really bad news is that your pension fund is more likely to be amongst the bad than the good" The Observer
There are three fundamental ways in which the value of a spouse’s pension rights may be taken onto account in arriving at an overall financial settlement: set off (‘offsetting’), attachment orders (previously called ‘earmarking orders) and pension sharing (previously known as ‘pension splitting’).
It is hopefully for both spouses (and/or their legal representatives) to agree on an agreed methodology and then on the actual financial numbers but, if agreement can’t be reached (as is often the case) then mediation might follow or, ultimately, the decision will be guided or determined by the Court. Which option might be preferred by each spouse?
If you have already instructed a solicitor...