IFAs warned on will writers following Panorama probe

clock

Advisers have been urged to check will writers they recommend to clients are members of a recognised trade body, as a Panorama investigation uncovers malpractice in the unregulated sector.

Wills: The final rip off?, to be aired tonight on BBC1 at 8.30pm, highlights some of the dangers to consumers of using private will writing companies. According to the programme, consumers were hit by hidden charges, and even had their inheritance stolen by firms. However, some will writing companies claim the programme presents an unfairly biased view. Craig Jones of the Legal Services Board issued a statement to the BBC today in response to the programme saying: "A solicitor is regulated when carrying out will-writing activity but other types of adviser may not be. "The reason...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

FCA finfluencer enforcement action increases 174% in 2025

FCA finfluencer enforcement action increases 174% in 2025

FOI findings come as regulators ramp up online crackdown

Isabel Baxter
clock 09 February 2026 • 3 min read
TISA urges FCA to rethink targeted support fees and levies proposals

TISA urges FCA to rethink targeted support fees and levies proposals

Could ‘undermine’ the aims of targeted support

Isabel Baxter
clock 12 January 2026 • 2 min read
FCA's targeted support rules set to take effect from April 2026

FCA's targeted support rules set to take effect from April 2026

Regulator plans to open application gateway for firms in March

Isabel Baxter
clock 11 December 2025 • 5 min read