Teachers’ Pensions: will legal action be taken over the transfer value delays?

Teachers are facing long delays in obtaining pension transfer values needed for divorce proceedings. Is a law firm about to submit a group claim, and what else can pension savers do in this situation?

Teacher with school kids in classroom
(Image credit: Getty Images)

A law firm is investigating whether legal action can be taken in relation to the transfer value delays with the Teachers’ Pension Scheme.

Hundreds of teachers are in limbo with their divorces due to long delays working out the value of their pension. Some have been waiting over a year, unable to get divorced without a cash equivalent transfer valuation (CETV).

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Ruth Emery
Contributing editor

Ruth is an award-winning financial journalist with more than 15 years' experience of working on national newspapers, websites and specialist magazines.

She is passionate about helping people feel more confident about their finances. She was previously editor of Times Money Mentor, and prior to that was deputy Money editor at The Sunday Times. 

A multi-award winning journalist, Ruth started her career on a pensions magazine at the FT Group, and has also worked at Money Observer and Money Advice Service. 

Outside of work, she is a mum to two young children, while also serving as a magistrate and an NHS volunteer.