A client's best interests have to be an integral consideration for advisers before they make a referral to a law firm, delegates were told at the 2019 SIFA Conference.
Speaking at the conference last week (6 June), Solicitors Regulation Authority (SRA) policy associate Jatinderpal Loyal told advisers to re-engage with law firms as it would not only potentially benefit the client but their business too. During the talk, which was chaired by SIFA director Dave Seager, Loyal said that working together would offer a better experience for the client. "Law firms might not be competent enough to give advice in financial services or might be acting outside regulatory permissions," he added. "That is the biggest risk." 'Death anxiety impacts financial planni...
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