Solicitors accuse IFAs of stealing clients' legacies

Members of STEP claim they have received complaints from clients who have previously used IFAs when planning or writing wills. Around 38% of STEP members say they have come across will writers who have an ‘inappropriate relationship' with another company, including IFAs and banks. Within this group, STEP members say they have seen cases where will writers have been recommended by IFAs. Clauses are then included in the will leaving 1% of the estate to the adviser, in some cases without the client's knowledge or consent. In other cases, solicitors say they have seen cases where execu...