What is an Independent Financial Adviser?
The use of a specially trained Independent Financial Adviser (IFA) can bring a better understanding of the issues, resulting in a smoother resolution for the couple involved. The rigorous training and examination process involved in attaining Resolution Accreditation means that the Accredited IFA not only has an in‐depth understanding of the proper way to calculate and separate couples’ finances, but also has the softer skills of negotiation essential to a “good” divorce. They are all pensions specialists, and are used to guiding clients through complex financial planning issues. The IFA works in conjunction with your lawyers to provide specific advice on all aspects of financial planning, but considering pensions, mortgages and protection in particular.
- For information on child maintenance visit our child maintenance pages.
- If you are not married to your partner or in a civil partnership visit our living together pages.
- If you and your partner can agree about sorting out the finances, it is still advisable to ask a judge to approve the agreements so it is enforcable by the court. This is known as a Consent Order.
- If you and your partner can’t agree, you can ask the courts to help. Find out more about resolving finances.