Spotlight
Family Law Awards 2020
Shortlist announced - time to place your vote!
Court of Protection Practice 2020
'Court of Protection Practice goes from strength to strength, having...
Jackson's Matrimonial Finance Tenth Edition
Jackson's Matrimonial Finance is an authoritative specialist text...
Spotlight
Latest articles
Hundreds of thousands of companies worldwide fall victims to hackers every year. Is your firm one of them?
SPONSORED CONTENT Image source: Information is beautifulYou and other lawyers and legal assistants in your firm likely have accounts on the hacked websites listed in the image above. If a hacker...
New complaints handling guide offers advice to local authorities
The Local Government and Social Care Ombudsman is today issuing new guidance on effective complaint handling for local authorities.Based on previous documents, the new guide offers practical,...
EU laws continue until at least 2038 and beyond
The UK left the EU on 31 January 2020.  But in matters of law it fully leaves on 31 December 2020.  But EU laws will continue to apply, and be applied, in the English family courts from 1...
Family Law Awards winners announced in virtual awards ceremony
The winners of the Family Law Awards 2020 were announced at 4pm during a much-anticipated virtual awards ceremony. Over the past ten years, the Family Law Awards has recognised the leading players in...
Behaviour-based divorces still merit close consideration
Some recent cases illustrate the evidential and procedural issues involved in dealing with proofs on the merits of divorce, which are worth considering even though most cases may conclude on a...
View all articles
Authors

Pension Advisory Group: Update

Dec 3, 2018, 17:14 PM
Empirical and anecdotal evidence has demonstrated the need for a guide to pensions on divorce for the benefit of practitioners and the divorcing public, it being a complex field and there being scant guidance from case law. The Pension Advisory Group (PAG) was convened inmid-2017 with the purpose of producing a good practice guide for lawyers and financial experts about the issues relating to pensions on divorce. It is a multi-disciplinary group of judges, academics, actuaries, pension advisors, amediator, family lawyers, including solicitors and barristers, and pensions lawyers, all of whom have experience in the field of pensions on divorce. It includes representatives of the Association of District Judges, Institute and Faculty of Actuaries, Resolution, the Law Society, the Family Law Bar Association and the Family Justice Council. A full list of members is given below. The project has the support of the Family Justice Council and the President of the Family Division, and is partially funded by the Nuffield Foundation.
Slug : pension-advisory-group-update
Meta Title : Pension Advisory Group: Update
Meta Keywords :
Canonical URL :
Trending Article : No
Prioritise In Trending Articles : No
Date : Nov 5, 2018, 08:16 AM
Article ID : 117471

Empirical and anecdotal evidence has demonstrated the need for a guide to pensions on divorce for the benefit of practitioners and the divorcing public, it being a complex field and there being scant guidance from case law. 

The Pension Advisory Group (PAG) was convened inmid-2017 with the purpose of producing a good practice guide for lawyers and financial experts about the issues relating to pensions on divorce. It is a multi-disciplinary group of judges, academics, actuaries, pension advisors, amediator, family lawyers, including solicitors and barristers, and pensions lawyers, all of whom have experience in the field of pensions on divorce. 

It includes representatives of the Association of District Judges, Institute and Faculty of Actuaries, Resolution, the Law Society, the Family Law Bar Association and the Family Justice Council. A full list of members is given below. The project has the support of the Family Justice Council and the President of the Family Division, and is partially funded by the Nuffield Foundation. 

Since its inception, PAG has deliberated and invited feedback from practitioners on the issues to be addressed. It has produced two draft reports for consultation at http://www.nuffieldfoundation.org/pensions-divorce-interdisciplinary-working-group, held focus groups with family lawyers and pension experts, conducted an online survey and given presentations at numerous events around England and Wales. PAG is very grateful to all those who have participated in these exercises. They have provided invaluable insights into day to day practice. 

The group has now reached the stage of analysing all the feedback and discussing revisions to the final, combined, professional guide. A key message from lawyers was the need for clearer, simpler reports and guidance on when they are required; a key message from pension experts was that lawyers seek earlier financial advice and limit their questions of the expert to the minimum necessary. For both lawyers and experts, offsetting was identified as the most potentially problematic area, particularly in the smaller and mid-value cases.

Our target date for publication of the final guide is now 31st March 2019. The Family Justice Council and Advice Now (Law for Life) have also offered assistance in producing a much-simplified guide for non-specialists and the divorcing public. The target date for on-line publication of this guide is the end of June 2019.

Who we are

The membership of PAG (listed alphabetically in each category) currently comprises:

  • Co-Chairs: Mr Justice Francis, His Honour Judge Edward Hess

  • “CEO”: Hilary Woodward, former family solicitor and mediator, lead author of the first major study of the treatment of pensions in matrimonial cases: Pensions on Divorce: an empirical study (2014, funded by the Nuffield Foundation, administered by Cardiff University), currently Honorary Research Associate at Cardiff School of Law and Politics.

  • Academic members: Professor Rosemary Hunter, Professor of Law and Socio-Legal Studies at the University of Kent, academic member of the Family Justice Council; Joanna Miles, Reader in Family Law and Policy, University of Cambridge and member of the Family Justice Council “financial needs” working party; and Professor Debora Price, former family law barrister, now Professor of Social Gerontology at the University of Manchester.Legal members: James Copson, Robin Ellison and Simon Tyler (pensions lawyers), Pauline Fowler (chair of Resolution's Pensions, Tax and Financial Remedies Committee), Val Le Grice QC (on behalf of FLBA), Fiona Hay, Sarah Hoskinson, Mena Ruparel (on behalf of the Law Society), David Salter, Christopher Sharp QC (family and personal injury specialist), Rhys Taylor, Philip Way and DJ Barbara Wright (on behalf of ADJ). Mediator: Dominic Raeside, Head of Mediation, Family Law in Partnership and mediation member of the Family Justice Council.Expert members: Paul Cobley, Philip Ingram, David Lockett, George Mathieson, Richard Nobbs, Kate Routledge, Ian Sharpe (on behalf of IFoA, replacing Philip Doggart who was the temporary rep) and Clive Weir. Nick Forrest of Price Waterhouse Coopers has given welcome assistance on valuation issues. Peter Moore and Geoffrey Wilson have made substantial contributions as members of the group but have now retired.
Categories :
  • News
Tags :
  • Family
Pension
Product Bucket :
Recommend These Products
Related Articles
Load more comments
Comment by from