The Financial Conduct Authority (FCA) has confirmed its plans to bring in a new Consumer Duty, which will “fundamentally improve” how firms serve consumers. It will set higher and clearer standards of consumer protection across

Legal disputes are to be resolved through free mediation under new plans set out by the government. This could benefit individuals and businesses, whilst also cut down the amount of civil court cases. Ministers have

The Law Society of England and Wales has updated its guidance for practitioners on disputed wills. The practice note explains that advice and provides supplementary information on disclosing such information and the consequences of failing

The number of estates worth over £1 million being inherited soared by over a third. This rise occurred in the five-year period between 2013-14 and 2018-19, according to data sourced from HM Revenue & Customs

LPAs are now taking 73 days to be registered, according to Tom Pursglove MP. While still way above the Office of the Public Guardian’s (OPG) target of 40 days, this is a marked improvement from

The Government has launched a public consultation on what social and environmental causes should benefit from more than £700 million of dormant assets funding in England. Currently, dormant assets funding in England is required to

Looking back at five years of the British Wills and Probate Awards as entry to the awards enters its final weeks The chance to enter the 2022 British Wills and Probate Awards enters its final

A recent LinkedIn post surrounding a sock collection has sparked a discussion amongst practitioners over the strangest clauses they have been asked to draft. The author of the post, solicitor Andrea Ashton, said: “I have

In March 2022, The Best Foundation prepared and sent an open letter signed by nearly fifty estate planning professionals to the OPG setting out the difficulties many estate planning professionals continued to experience when trying

Boris Johnson resigned as Conservative leader on Thursday – though it is believed he will remain in post as Prime Minister of the United Kingdom until Autumn. Johnson made a statement outside Downing Street to

Answering a question on lasting power of attorney (LPA) applications, a Conservative MP had conceded that the current average waiting time is just under 82 days. David Davis MP asked Tom Pursglove MP, Parliamentary Under

The British Bill of Rights mooted over recent days and weeks has been met with fierce criticism from across the board, with key issues levelled at the Bill being costs and the rule of law.

Following a successful trial in Manchester, the No Interest Loan Scheme (NILS) is to be rolled out across the UK to 20,000 people as the scheme enters the second phase of its pilot. The NILS

A High Court judge has cleared 76-year-old mathematician Jason Abdelnoor of any wrongdoing after it was claimed he had “bullied” his late mother, Pamela Abdelnoor, into changing her will so as to net himself a

Answering a question from Labour MP Janet Daby on whether the government will do anything to help pensioners cope with inflationary pressures, a Conservative MP has said that the triple lock will apply for the

New research has revealed that the later life lending market in the UK is now worth a striking £153.9 billion. The market is defined by AKG Financial Analytics as “standard, retirement interest-only or equity release