Will-writing advisers may be dual-regulated

Scott Sinclair
clock

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...

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'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
FCA sets out plans to simplify complaints regime

FCA sets out plans to simplify complaints regime

Including requirement for firms to report complaints involving vulnerable clients

Isabel Baxter
clock 04 December 2025 • 2 min read
FCA looks to boost transparency of ESG ratings providers

FCA looks to boost transparency of ESG ratings providers

Regulator opens consultation

Michael Nelson
clock 01 December 2025 • 2 min read