Talking with Daniel Gornall - FairSplit Pension Sharing and Offsetting Tool

FairSplit Pension Sharing and Offsetting Tool

Please go to the questions and answers that interest you by using the video time indicators below -

00.00-2.30  Introduction

2.30-3.15 FairSplit removes the guess work and provides a clear early stage indication ?

3.00- 4.15 FairSplit is aligned with the Pension Advisory Group Report guidance and principles 2 Edition 

4.15- 5.10 What is pension sharing, Offsetting and partial pension sharing and offsetting?

5.10-6.10  Key benefits of using the tool including costs and what support is available to use the tool?

6.10-7.10  How can you use FairSplit within the mediation process to save time and costs. What is the process and what support is available ?

7.10-8.00  In what situations would FairSplit not be an appropriate tool to use ? –

8.00- 21.30  Let’s look at a typical divorce pension scenario and how FairSplit can help calculate a fair pension sharing and/or offsetting indicative solution

21.30- 25.30   What are the benefits of an indicative report rather than a full pension report ?- An early stage indication is often very useful, limiting the options you may wish to explore, framing discussions, limiting time and money you spend, also helping you to be more precise with your instructions to the pension on divorce expert if a full report is required.

25.30- 29.30  What might a typical 2 session mediation look like, using FairSplit and the support your mediator and Financial Neutral can give you to ensure that the whole process is as streamlined and cost effective as possible, resulting in a fully informed fair financial outcome?

29.00- Tips for mediation clients with pensions ? Example: Start gathering your pension information as soon as possible, as requested by your Mediator- See the Compass Resolution Financial Disclosure Booklet 

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