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Early bird entries open for British Wills and Probate Awards

The early bird rate is available for entrants to The British Wills and Probate Awards, sponsored by recently re-branded Property Solutions Group (formerly Executor Solutions).  The 2021 event attracted a record number of entries with the awards hosted as a hybrid event for the first time, attracting around 800 attendees between the in-person and live […]Read More

Editor's Pick Insight Interest Latest News

Digital Signatures – “Yes! You can!” – Today’s Wills and

In this podcast David Opie is joined by Charlotte Ponder, Legal Director at CTT Group (formerly Countrywide Tax and Trust Corporation) and Chris Jones, Managing Director and ICON-UK to discuss the progress being made on the introduction of electronic signatures in legal services. Both Charlotte and Chris are members of the Industry Working Group on […]Read More

Fraud

Consultation could pave the way for APP fraud refunds

A consultation from the Payment Systems Regulator could see legislation introduced forcing banks to refund those affected by authorised push payment (APP) fraud. APP fraud is typically perpetrated by criminals impersonating trusted individuals and organisations in order to trick people into authorising a payment to an account controlled by a criminal. The criminals will send […]Read More

Wills & Probate

SRA consults on changes to fining powers

The Solicitors Regulation Authority (SRA) has launched a consultation on its approach to financial penalties for law firms and solicitors with the aim of resolving cases more quickly and reducing the need to refer to the Solicitors Disciplinary Tribunal (SDT) The consultation will review how the SRA can create more consistency across its regulated entities […]Read More

Regulation Wills & Probate

Consultation on Small Payments Scheme

The Ministry of Justice has launched a consultation to review third party access to funds belonging to those who lack mental capacity without the need to get permission from the Court of Protections. The consultation has been launched following concerns over the “length and complexity” of the Court of Protection process, citing a “disproportionate and […]Read More

Fraud

4 common ways criminals launder money

Money laundering costs the British economy around £37 billion each year. And with the legal sector under increasing scrutiny (and SRA site visits happening right now) it’s something firms should be placing front and centre of their risk planning. A review by the SRA into law firm AML compliance identified the failure to introduce “proper […]Read More

Wills & Probate

Capping adult care costs: Further detail revealed

Further details around the planned changes to the social care system have been published in a policy paper following the announcements by Prime Minster Boris Johnson in September.  In “Build Back Better: Our plan for health and social care” the government revealed its intention to launch the “Health and social care levy” to invest £5.2bn […]Read More

Interest

Equity in UK homes reaches all-time high

Research and analysis conducted by Canada Life, the assurance and financial services organisation, shows that UK homeowners now have over £740 billion of available equity release. Canada Life’s analysis of figures for Q3 2021, taken from the Halifax price index, show that this is the first time that available equity release has reached such a […]Read More

Wills & Probate

IHT UK’s “most hated” tax

The results from a survey of 2,000 people has found that Inheritance Tax is the UK’s most hated tax.  1 in 4 respondents said that they felt it to be the most hated tax, despite just 4% of UK deaths resulting in an IHT liability. Taxes on income took second place, including income tax and […]Read More

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