On 01 July 2019 the Pension Advisory Group published its report providing guidance on the treatment of pensions in divorce. The Pension Advisory Group ( PAG) is a multi-disciplinary group of professionals specialising in financial remedies and pensions on divorce jointly chaired by Mr Justice Francis and His Honour Judge Edward Hess and supported by the President of the Family Division and the Family Justice Council.
The ability of the court to make a pension sharing order in divorce has existed since 2000, despite this there has been a lack of clear guidance to assist in how to treat what can often be one the largest assets in a marriage. Dealing correctly with pensions on divorce is one of the most complex aspects in family cases.
The PAG report aims to provide this guidance.