Will-writing advisers may be dual-regulated

Scott Sinclair
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Proposals to make will-writing a legal activity requiring authorisation from a regulator are likely to be submitted to the Lord Chancellor next month.

The Legal Services Board (LSB) is likely to recommend that will-writing and estate administration services are made ‘reserved legal activities'. Currently, will-writing activity is not regulated, though many providers of other services - including financial advisers and solicitors, who are regulated for other activities via their respective regulators - offer it. The LSB's proposals follow investigations which indicated that too many consumers using will-writing providers are receiving a poor service. The Lord Chancellor Chris Grayling is expected to receive the LSB's recommendatio...

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