IFA clients see costs shaved in legal services tie-up

Laura Miller
clock

An independent financial planning firm will offer its clients legal services as part of a joint venture with a law firm.

FiveWays Financial Planning will refer clients who need a lasting power of attorney (LPA) or a will to OmniaLegal, where they will benefit from a 10% discount on the services. "We chose OmniaLegal because they are extraordinarily efficient compared with most other law firms", said Steve Poland, a director of FiveWays. "They use technology to simplify the process and it is very user-friendly for the client." The LPA service is telephone-based and costs £250 plus VAT and a simple will is £125 plus VAT. "We know clients are often slow or reluctant to engage in making Wills or setti...

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 Your profession

What's haunting financial advisers this Halloween?

What's haunting financial advisers this Halloween?

Six experts share their spooky thoughts

Professional Adviser
clock 31 October 2025 • 4 min read
Feel Good Friday: Walbrook Institute London hosts graduation for financial advice and banking students

Feel Good Friday: Walbrook Institute London hosts graduation for financial advice and banking students

Celebrating higher education students and advanced LIBF qualification holders

Professional Adviser
clock 31 October 2025 • 1 min read
Protection did not make the targeted support cut and rightly so

Protection did not make the targeted support cut and rightly so

Tony Mudd on saving for tomorrow and protecting today

Tony Müdd
clock 30 October 2025 • 3 min read