Services for Relationship Breakdown

Going through the breakdown of a relationship is one of the most stressful events in life. Financial Planning assistance is essential at this time and we have structured the services that we can provide accordingly:

Initial assessment: Analysing the information provided by both parties

Gathering of information: Assisting in gathering any further information required to prepare our report

Preparation of report: Preparation of a detailed pensions report to consider all the options available and whether to divide the assets, including the pension benefits, to provide equality of capital or income

Providing advice: Recommendations for suitable financial arrangements including pensions, investments and protection

Implementation of orders: Implementation of any financial order, for example pension sharing and attachment orders

Ongoing management of investments: Managing the client’s investment portfolio and dealing with their financial planning needs in the future

Evaluation Report

We will provide guidance to the family lawyer as to whether a pensions report is required, and whether this is best dealt with by a specialist pension consultancy, such as ourselves, or a consulting actuary. The initial assessment is provided without charge, after which, we will be able to provide an estimate of the time needed to undertake the work required, with a breakdown being provided before clients commit to incurring any cost.

Implementation of Orders

Once an agreed split has been reached we will look to provide the best solution, where possible in the interests of both parties, to achieve this agreed outcome. Whilst our work is undertaken on a time cost basis, the fee can often be settled from the investment fund, which is usually more cost effective than a commission based arrangement. Our implementation team will liaise with all parties involved, to ensure a smooth and trouble-free implementation of the order

Our Approach

We are able to provide a comprehensive service throughout the breakdown of a relationship, regardless as to whether this is being done by mediation, on a collaborative basis or through the courts.

Specialist Qualifications & Authorisations

Our team of specialists hold all the qualifications required and a number of others which are also relevant. Those which are particularly relevant to this area of advice include:

• Chartered Financial Planner
• Certified Financial Planner
• Chartered Tax Adviser
• Associate of the Pensions Management Institute
• Resolution Accredited IFA

We can supply expert witness reports either on a sole or joint basis.

Our colleagues in Albert Goodman Chartered Accountants and Chartered Tax Advisers can assist with advice on taxation and business valuation if required.

Further information:

Our Services on Relationship Breakdown team is led by Director Clive Weir, a leading specialist in this field. Clive and his support team are based in our office at:Tallford House, 40 Walliscote Road, Weston-super-Mare, BS23 1UY

Clive Weir
Director
Telephone: 01934 642222
email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Albert Goodman Chartered Financial Planners is a trading style of Albert Goodman Financial Planning Ltd, which is authorised and regulated by the Financial Services Authority.