Services

Family law superannuation valuations (superannuation splitting)

Short cuts, go to

• Request a valuation
• Costs
• Background: superannuation splitting
• Contact us

Request a valuation

Cumpston Sarjeant provides a range of superannuation valuation services for family law purposes. These include the valuation of: accumulation accounts and defined benefit accounts; interests in the growth phase and the payment phase; scheme specific valuation methods and factors, for funds such as the CSS, and DFRDB.

If you have any questions about family law valuations, please contact Paul Thomson on 03 9642 2242.

To request a superannuation valuation for family law purposes, please download the PDF form below. Complete this form, and forward it to us with a copy of the relevant Superannuation Information Form(s).

The Superannuation Information Form is provided by the superannuation fund. To request this form, you will need to send the fund a Superannuation Information Request Form, and the accompanying Form 6, which are available at the Family Law Courts website.

If you have any questions about the PDF form, or any issue related to family law superannuation valuations please contact us.

Costs

Costs for family law valuations depend on the nature of the fund, and number of funds.

Full details of our costs are available below, but broadly for an accumulation fund the cost is $260, for a defined benefit fund using the generic method the cost is $480, and for a defined benefit fund where fund-specific methods and factors have been approved the cost is $600.

Background: Superannuation splitting and valuing superannuation

The Family Law (Superannuation) Act 2001 treats a superannuation interest as property, which is able to be split on the breakdown of a marriage. Prior to this Act, superannuation assets were allowed for in a property settlement, but a superannuation account could not be split.

The Family Law Superannuation Regulations prescribe the method that must be used to value superannuation assets. This is particularly important for accounts in defined benefit funds, where otherwise there may be disagreement on the value of an account. In order for the court to split a superannuation interest, the superannuation at issue must be valued. Where parties agree to a superannuation split, the superannuation assets do not need to be valued, but the method outlined in the regulations may provide an independent means of valuing the asset.

Contact us

If you have any questions concerning superannuation valuations for family law purposes please contact us on (03) 9642 2242.