07
October
2020
|
13:01
Europe/London
Report on pensions and divorce has substantial legal impact
'A Guide to the Treatment of Pensions on Divorce', co-authored by MICRA Professor Debbie Price, has proven to have had a substantial impact in the legal world.
MICRA's Professor Debbie Price was one of a panel of experts who authored the groundbreaking report A Guide to the Treatment of Pensions on Divorce. This essential guide to the treatment of pensions on divorce was published by PAG in July 2019.
The report brings guidance to family judges, lawyers and pension experts encouraging fairer settlements and helping to manage liability. In 2019, the MICRA administration team handled printing, design, publicity of the report and oversaw that hard copies went to each judge in the UK.
It has been written up and referred to in at least 44 newspaper, magazine and journal articles of including the FT Adviser, This is Money, The Telegraph, Citywire, the Law Society Review, The Actuary, Good Housekeeping and others.
The New Law Journal is the latest to acclaim this report, and the resounding impact its recommendations have had on the way the courts and practitioners approach the division of pensions. The article describes how, a year on from the publication of the PAG report, a Brewin Dolphin/Mathieson Consulting survey of family lawyers looks at the impact its recommendations have had on the way the courts and practitioners approach the division of pensions. Of 101 lawyers who responded to the survey, over 90% said they had either read the whole report, which runs to 156 pages, or had ‘dipped in and out’.
The article quotes several co-authors of the report and other lawyers, and references cases that demonstrate how “the PAG recommendations are starting to change the way the courts are approaching the division of pensions”.