Retired Judge warns High Court lacks capacity for assisted dying cases
A retired High Court judge has warned that the UK’s proposed assisted dying legislation would overwhelm the judicial system, calling for alternative safeguards. Nicholas Mostyn told MPs that requiring a High Court judge to rule on every case would be “impossible” due to a lack of capacity. He suggested looking to Spain’s model, which involves […]
Number of homeowners paying mortgages into 70’s on the increase
A 156% increase in the number of home owners paying their mortgage into their 70’s ‘paints a striking picture of how financial pressures are reshaping homeownership’ says wealth management and financial services firm Quilter. Mortgage terms of thirty five years or more, combined with later life home ownership because of affordability pressures, means a significant […]
Pension reforms to go further to unlock billions to drive growth and boost working peoples’ pension pots
Working people and businesses are set to benefit from new rules that will give more flexibility over how occupational defined benefit pension schemes are managed. Hosting a meeting with leaders of Britain’s biggest businesses in the City of London, the Prime Minister and the Chancellor set out the details of changes and tell some of […]
Equity Release Market sees growth in Q4 2024 with increased lending and improved consumer confidence
For the first time in over a year since Q3 2023, more than 15,000 customers became active in the equity release market. This activity included signing up for new plans, accessing drawdowns from existing plans, or agreeing to further advances, according to the latest quarterly market report from the Equity Release Council. In Q4 2024, […]
‘Delegate Now to Supercharge Your Profits’ – read our first exclusive extract
In a series of short excerpts from a new book, Dan Warburton shares his insight on how law firm owners and senior managers can increase their profits by being better at delegating their workload. Over the course of the next three weeks Today’s Wills and Probate is serialising Delegate Now to Supercharge Your Profits with a […]
FCA digital death verification plan ‘must go further’
The Estate Registry, owners of bereavement notification services NotifyNOW and Settld, has called on the Financial Conduct Authority and the government to go much further in its plans to require firms to accept digital death verification. In a recent letter to the Prime Minister, the Chief Executive of the FCA, Nikhil Rathi, suggests that firms […]