A cash equivalent value may be something your family solicitor asks you to obtain.

A cash equivalent value may be different to the value of your pension fund because it will also include charges payable for transferring your pension. Depending on the type of pension you have, a cash equivalent value may not be provided on your annual benefits statement.  If this is the case, you will need to make a formal request for it to your pension provider. This should be done as early as possible as some providers can take up to three months to give you a cash equivalent value.