Adult children may be unintentionally committing financial abuse, STEP research suggests

Solicitors rely on information from deceased’s family for probate, but most people die without putting their affairs in order

New research from the Society of Trust and Estate Practitioners (STEP) suggests that families managing a loved one’s money may be committing financial abuse without realising it.  Findings from the latest STEP Barometer suggests that in the UK adult children are the most common perpetrators of financial abuse, although most of it may be unintentional. […]

LSB chair warns international regulators to look ahead to pre-empt AI risk

Monisha Shah

The chair of the Legal Services Board (LSB), Monisha Shah, has warned regulators to “identify emerging risks before they become system challenges” and protect consumers while supporting innovation. In her opening remarks at the International Conference of Legal Regulators, Shah praised the “opportunities” presented by new technology such as Artificial Intelligence (AI), but emphasised the […]

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