Resolution is a community of family justice professionals who work with families and individuals to resolve issues in a constructive way.

The Pension Advisory Group (PAG) is an interdisciplinary working group chaired by Mr Justice Francis and His Honour Judge Edward Hess, and supported by the Family Justice Council and the President of the Family Division. The purpose of the PAG has been to provide an in-depth analysis of how pensions on divorce should be approached, particularly in relation to valuing pensions and offsetting them against other capital assets. The PAG comprises members of the judiciary, practising solicitors, barristers, a mediator and academics with special expertise in pensions and financial remedies on divorce, actuaries, financial advisers, and other pension experts.

In January 2024, the PAG updated its essential guide to the treatment of pensions on divorce. (PAG2)

Advicenow have produced a fantastic guide based on the work carried out by the Pension Advisory Group.  This guide is aimed at the divorcing couple as opposed to the professionals that are assisting them.

The guide is an invaluable resource written in a way that attempts to explain complex matters to the lay person. 

State Pension Benefits are an important part of the retirement income jigsaw.  The government has sought to simplify these benefits so that we all receive the same benefit in retirement (if we have a sufficient NI contribution record).  These changes will take time to complete and it is important to understand the pension available from the state and also the age that it becomes payable

Ian is a director of the Oculus Wealth Management (Wombourne) Ltd.