Watch | Pensions Offsetting: a new chapter? An introduction to the Galbraith Tables
30th March 2022
Watch the recording of 'Pensions Offsetting: a new chapter? An introduction to the Galbraith Tables' first broadcast on Wednesday 30th March 2022.
Offsetting of pension rights on divorce using non-pensions assets is a tried and tested remedy, but one which has often created pitfalls for practitioners. Many of the issues faced relate to how pension rights might be valued in a fair and consistent manner, with actuarial expert assistance often being imperative in such cases. However, Jonathan Galbraith and Chris Goodwin of Mathieson Consulting Limited are two experienced actuaries who have produced the Galbraith Tables, a new resource that is expected to prove invaluable to family law practitioners who are wanting to gain a steer on the values of pension benefits held by divorcing parties. Jonathan and Chris explain the background to the tables and how these might be used by practitioners.
The Galbraith Tables: a New Chapter for Pension Offsetting on Divorce?
Rhys Taylor is a barrister at The 36 Group and 30 Park Place. He is a member of the Family Procedure Rule Committee, the Pension Advisory Group and the FLBA national committee. Rhys is a Recorder, arbitrator, mediator and a neutral/evaluator in the private FDR setting. He tweets @RhysTaylor32.
Mena Ruparel is a freelance family solicitor, member of the PAG and author of the matrimonial finance toolkit and matrimonial finance handbook. She is a member of the QC selection panel and member of the NCA Independent advisory group on ethics.
Jonathan is a pensions actuary with 18 years of experience in the UK pensions industry. He qualified in 2009 and serves as a Principal at Mathieson Consulting Limited, the leading provider of actuarial expert witness services in England & Wales, specialising in pensions settlements arising on divorce. His earlier career was spent as a corporate pensions actuary with PwC, advising employers on pension scheme liability management, scheme funding and benefit design.
Chris is an actuary with around 30 years of experience working in the UK pensions industry. Prior to joining Mathieson Consulting in 2017, he worked for both actuarial consultancies and life assurance companies as well as serving as a trustee director to a portfolio of SSASs. He has a PGCE in the teaching of mathematics and also taught economics to actuarial students at a university in Beijing.