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 a classic '80s movie tells us about today's language of financial advice

What a classic '80s movie tells us about today's language of financial advice

'Forty years is a long time in film. Even more so in financial services'

Roger Brosch
clock 27 January 2026 • 4 min read
Deal Dive: Advice firm deals 2025 wrapped

Deal Dive: Advice firm deals 2025 wrapped

Deals announced in Q4 before the year ended

Isabel Baxter
clock 27 January 2026 • 2 min read
Ahmed Bawa: The changes advisers are asking for in 2026

Ahmed Bawa: The changes advisers are asking for in 2026

Functionality, not workarounds

Ahmed Bawa
clock 27 January 2026 • 4 min read