Adviser firm Westminster Wealth Management has come up with a new dedicated divorce financial planning service, which does not charge for an initial consultation.
The divorce team will work with clients directly or through their lawyer through all stages of the divorce process, from pre-divorce options and completion of ‘Form E’ to post-divorce financial planning and rebuilding.
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The company is also introducing an online financial settlement calculator, dubbed the Bailey Lung Divorce Calculator.
The calculator has been designed to help lawyers calculate what their client needs to receive from a divorce.
Lisa Conway-Hughes, a financial planner in the divorce service remarked, "Westminster Wealth Management is an independent firm with over 30 qualified advisers and more than £400m of assets under influence so we are well positioned to give an expert and efficient service.
"Lawyers asked us to come up with bespoke tables for clients to challenge the conventional way of capitalising a lump sum need and we have worked with legal professionals to construct this new tool using our own financial planning expertise."
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