How long will it take to prepare a Pension Sharing Report?

Once the parties have provided all of the information that Collins Pension Actuaries requires in order to prepare a Pension Sharing Report then we will provide an estimated timescale for the preparation of the Report. This is likely to be of the order of 6 weeks depending upon the demand for Pension Sharing Reports at the time. However, our aim is to produce the Pension Sharing Report comfortably within that 6 week timescale.

Please remember that you will need to allow sufficient time for your pension providers to provide you with the information that we require and this can take 12 to 16 weeks as a general rule.

If you have a Court Hearing scheduled within the next 8 weeks and have only just contacted Collins Pension Actuaries to request a Pension Sharing Report then you should realistically expect that it will not be possible to have a Report for the Court Hearing. This is nothing to do with our ability to prepare a Report quickly, but because it is invariably the case that the pension information that you have will be insufficient for the detailed Pension Sharing Reports that we are requested to prepare. The process of obtaining the required, additional information is laborious since pension providers can take weeks to provide even the most basic of data.

If you have yet to schedule a Court Hearing and have only just contacted Collins Pension Actuaries to request a Pension Sharing Report then you should realistically allow 20 weeks to receive the Report. This timescale allows you 12 to 16 weeks to obtain all of the required pensions information and a further 6 weeks for us to prepare the Report.

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