Clause 91

Part of Pensions Bill – in a Public Bill Committee am 11:30 am ar 19 Chwefror 2008.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Mike O'Brien Mike O'Brien Minister of State (Pension Reform), Department for Work and Pensions 11:30, 19 Chwefror 2008

The board of the PPF intends to charge costs based upon the National Association of Pension Funds’ recommended scale of charges. It is broadly accepted that that is best, so that is the basis upon which it will act. That means that divorcing couples will be charged roughly as the pensions share compensation as they would be charged to share aid pensions. The sharing order will normally apportion costs, but the clause provides for the payment by the transfer, or where that is not the case.