Dave Seager: Are you a safe pair of hands for solicitor referrals?

In my last article for Professional Adviser I referred to the regulatory changes for solicitors that came late in 2019 and considered the reputational risk of solicitor firms not having an established process for referral to third parties, including financial planning partners, when complimentary non legal advice is identified. I outlined that for the first time the new rules governing solicitor firms have introduced a firm code of conduct, alongside that for individual solicitors. Under the new dual code system, the Solicitors Regulation Authority is very clear that it expects the manag...