The Divorce IFA is me, Phil O’Connor, a Resolution Accredited Independent Financial Adviser (IFA). I specialise in the financial aspects of divorce settlements especially those involving pensions.
I qualified as one of the first Resolution Accredited IFAs in February 2007 and I received my reaccreditation in July 2012. At current count there are approximately 30 IFAs who hold this specialised qualification. (The overall number of advisers in the UK is approximately 20,000).
In 2014 I was asked to help to set and mark the new Reaccreditation and Accreditation rounds of the Resolution Accredited Independent Financial Adviser qualification to increase the numbers of advisers working in this specialised area.
I regularly attend the Greater Manchester Collaborative Law, Merseyside Collaborative Law POD and Bolton POD meetings and I was previously joint chair of the Manchester Pod in 2012. I am also an affiliate member of Resolution.
I trained as a mediator in 2014 with the Family Mediation Association.
I am married to Gill with two children, Lauren and Lewis and I have a Jack Russell called Toby. In my spare time I enjoy coaching at Bolton Lads & Girls Club, playing golf and walking.
My Qualifications / CV
You can find out more about my qualifications here.
Ever since my parents divorced back in 1994 I have wondered whether there was a better way to resolve the issues surrounding financial settlements on divorce. With the range of dispute resolution choices available to you today and the wider financial options available this is much easier than it ever was in 1994.
Twenty years on my purpose is to help you make better, more informed decisions on all aspects of your finances during and beyond divorce, saving you time and money and providing peace of mind and security.
I do this by spending time understanding you and your family’s needs and working through and showing you the consequences of every decision you make.
I take time to educate and inform you on the range of options available, the pros and cons of each option and the likely outcomes for you and your family. You will receive individual advice and guidance from me tailored to your own circumstances.
I was given as much time as I needed to read the paperwork involved and ask questions. I was stunned when I was advised by him to apply for the State Pension, an area in which I had no knowledge at all and Phil showed his true value with his directness and I found in conclusion that the system is not so hard for the lay person if one trusts the person giving the advice.
I waited until I was back in the UK before I submitted my decree absolute to the Department of Work & Pensions and they had already given me a basic pension. I logged on to my current account and they had given me a lump sum back payment now that they are using my ex’s contributions that was a wonderful surprise as you may imagine! It has almost quadrupled the original sum they were paying each month”