Disclosing pensions in Form E

What is the form e?

The Form E is usually regarded as the most crucial document to complete in financial proceedings upon divorce. This form is a financial statement that details your entire financial landscape, including assets, liabilities, income and expenses with a view to help the court make decisions about financial settlements.

disclosing your pensions

Part 4 of the Form E covers pension assets. Here, you are required to include details of all pensions except the basic state pension, and you may need to include a recent statement showing the value of your pension – which you will need to obtain from the pension provider or your employer if it is an occupational pension scheme.

obtaining a pension valuation

Pensions alone have a prescribed valuation methodology: the CE or Cash Equivalent value. You are required to include a recent statement showing this CE value provided by the trustees or managers of each pension arrangement, for the additional state pension, a valuation of these rights or for PPF a valuation of PPF compensation entitlement.

If any valuation is not available, you are required to provide the estimated date when it will be available and attach a copy of your letter to the pension company, administrators, or PPF Board from whom the information was sought and/or state the date on which an application for a valuation of an Additional State Pension was submitted to the Department of Work and Pensions.

failure to provide full disclosure

Each party is under an obligation to the court to provide full and frank disclosure of all finances and relevant circumstances in Form E, including details of pension assets. If a party fails to provide accurate disclosure or conceals assets, the court may later set aside the order and require them to cover the other party’s costs. In severe cases of deliberate dishonesty, this could result in criminal charges under the Fraud Act 2006.

If you are considering or going through a divorce and pension assets are involved, Vardags can help. Click below for a free initial consultation with one of our expert divorce solicitors.

BOOK FREE CONSULTATION