Centralisation Practice Note 27.03.25

[2026] 3 FRJ 266. Only 11% of divorcees with a pension not yet in payment made any arrangement to share it, according to the Fair Shares study, which also found that over a third of divorcees did not know the value of their own pension. Ignoring the pensions is not an option.

[2026] 3 FRJ 206. If costs discipline is to be meaningful, parties must understand from the outset that disproportionate litigation expenditure will ultimately remain their own responsibility even in a needs case. Money spent on costs is money removed from the resources available to the family.

Building on the work of the Pensions Advisory Group and the IFoA thematic review of work by actuary PODEs, an IFoA working party has published essential new materials to further develop good practice in this area. Family lawyers should look for, and request, PODE adoption of these materials.