‘No Fault’ Divorce

‘No Fault’ Divorce

On the 6th April 2022 some quite important changes took place and were introduced under the Divorce, Dissolution and Separation Act 2020. This legislation has been a long time in the making and is a fundamental shift in the divorce process which aims to remove unnecessary conflict and ease stress on couples and children. The thought process behind the legislation is to end the need for couples to apportion blame for the breakdown of marriage and instead focus on the key practical decisions involving children and their finances – hence the reference to ‘No Fault Divorce’.

Resolution is a community of family justice professionals that has been in operation since 1982 and who believe that a non-confrontational approach to family law issues would produce better outcomes for separating families and their children. Resolution have been a strong advocate for this change in law and have provided a useful summary below of the impact.

https://resolution.org.uk/news/blame-game-ends-as-no-fault-divorce-comes-into-force/

In the unfortunate event that you are going through a separation it is important that you receive financial advice to set out the options available to you. The earlier that an adviser is involved in the advice process the more opportunity there is to discuss and consider the settlement. It is all too common that advisers are approached once the settlement has been agreed and there is little scope to make any changes with our input.

Our team at Absolute Sense have the expertise to look at your financial situation, and any settlement being proposed, and set out any thoughts and considerations surrounding both the current and future impact on your financial situation. We offer a free initial consultation and we can discuss any charges that may subsequently apply depending specific needs of the advice that you require. We always advocate receiving advice but specialist knowledge does come in particularly handy in situations of divorce.

Christmas gift – Ely foodbank

Todays’ Christmas gift was to provide both food and a cash donation to support Ely Foodbank and those who call on the support it provides. There are so many charities that would welcome donations especially at this time of year, but as a company we felt that this was the another one that we wanted to support. Everything Ely Foodbank does is for the local community and hopefully Christmas will be a bit easier for some people this year with the support provided by this charity.

https://ely.foodbank.org.uk/

Christmas gifts

Rather than sending Christmas cards again this year, we are donating to a couple of charities.  Today’s gift was presented to Johanna Partridge of the NSPCC who received a cheque for £300 (Pictured Johanna Partridge, left, and June Waggitt of Absolute Sense, right)

Peter Waggitt, Director said “We are once again supporting the excellent work that is done by the local NSPCC. They are running their Christmas Afternoon Tea this December and are aiming to raise funds to carry out their support work.  With Christmas coming there must surely never be a more appropriate time to support the local NSPCC and at Absolute Sense IFA Ltd we are always keen to be supporting this worthwhile charity”

We’ve got a new adviser!

We are pleased to announce that Gary Brooks has joined our team this week as a Financial Planner. Gary specialises in Corporate, Investment and Pensions advice and has over 30 years’ experience in the industry.

He says “I have enjoyed seeing many clients, join, accumulate and finally take benefits from the Pension funds I have managed for them. It is a special feeling when the long-term planning and investment strategies I have recommended, allow clients to reach their lifestyle goals.”

If you would like to contact any of our advisers regarding any aspect of financial planning, please call us on 01353 880033

Absolute Sense Charity Golf Day – 10th May 2019

Absolute Sense ran their annual golf day at Ely Golf Club on the 10th May.  The weather certainly was very kind in view of the dark clouds at the start  and end of play. 

The chosen charity this year was Alzheimer’s Research UK and the amount raised was £3,000.  We would like to thank all the sponsors, especially the local Barclays Bank’s £ for £ support  and people giving charity donations and raffle prizes.  

Holly Noon from Alzheimer’s Research UK informed the players about current research in this area and talked about people living with the disease. A very successful day!

Absolute Sense Charity Golf Day raises £3,700

Absolute Sense are celebrating a 10th birthday this month and are proud of being one of the few Chartered Firms in the country.

Chartered status is awarded as evidence of quality and professional advice delivered ethically and fairly.

Since establishing in Ely we have supported many charities as part of our commitment to the community and provided a professional quality advice service to many clients.

We would like to thank all our clients for their continued support

We held our charity golf day  on Friday 13th  July this year.  We had a new venue, Ely City Golf Club and the weather was perfect.

As usual the staff rose up to the occasion and held a Raffle, Spot the Ball competition, a Silent Auction and a Putting competition.  This alongside some very generous donations and a Barclays £ for £  donation has contributed to raising £3,700 for NSPCC ChildLine.

 Thank you to all who supported this worthwhile charity in one way or another – the monies will be put to good use at ChildLine.

 

 

 

 

 

Ely City Golf Club

 

 

 

 

 

 

 

 

 

 

Finally, here is a couple of pictures of the staff enjoying the day

 

 

 

Absolute Sense Christmas Donation

As clients are aware as a business we choose to offer a donation locally  instead of sending out Christmas cards to our clients.

This year we have donated £250 to Highfields Academy a special school for boys and girls aged from 2 to 19. The older children need some outdoor equipment and our donation will help towards the cost of buying some items.