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Hueymeister
29th Aug 2013, 19:49
SPVA have apportioned 15% of my pension to the ex, does this mean my tax free lump sum will be reduced on leaving by 15%?

nomorehelosforme
29th Aug 2013, 20:01
You have clearly got away lightly! I got taken to the cleaners could have bought a really nice 109 and as for the pension she got 50% you have a better lawyer than I had!

bross_al
29th Aug 2013, 20:01
You will need to speak to an actuary/pension company for a definitive answer but generally yes. Your lump sum is based off a percentage of your pot (upto a maximum of 25%) so if 15% is taken off the pot 15% is taken off the lump sum.