Lets not forget either, the fund continues to grow iaw the index of the day. Lots of NHS consultants are leaving the NHS pension scheme and starting up one or two rather esoteric (completely lawful) types of pension whereby another family member can also be party to the same pension as the (high earning) spouse but can receive a disproportionate amount of the subsequent investment growth - ideal to bolster a partner's earnings and to lower one's tax bill. Is it contrary to 'the spirit' of legislation, that latest benchmark?
Its getting to the point where you almost want to say to a client to get divorced..
"Darling, we need to talk"
"Yes darling?"
"Darling, I want a divorce"
"
But why?"
"
Its.. its.. its my Lifetime Allowance, I need you to take me for a 50% Pension Sharing Order".