IFA firm 'one of the first' to mull legal services move

Nicola Brittain
clock

A Loughborough-based financial advisory firm is one of the first to consider moving into legal services following changes to the Legal Services Act made in January this year.

The company, Chesterton House, is able to consider the move because of its recently increased scale combined with the introduction of a clause to the Act which enables non-legal firms to offer legal services to their clients, according to director Andy Jervis.   Jervis explained that the company, which currently employs six registered individuals, was seriously exploring the possibility of developing a legal services business as a way of extending its proposition. He added:  "Estate planning, in the form of dealing with wills and trusts is a significant part of our business and offeri...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

What two pizzas tell us about Bitcoin

What two pizzas tell us about Bitcoin

Laszlo Hanyecz really needed a slice...

Laith Khalaf
clock 19 December 2024 • 6 min read
Rise in UK inflation 'unwelcome' ahead of BoE interest rate meeting

Rise in UK inflation 'unwelcome' ahead of BoE interest rate meeting

Bank of England MPC meeting due on Thursday

Sorin Dojan
clock 18 December 2024 • 3 min read
Trump, tariffs and why UK companies can still appeal

Trump, tariffs and why UK companies can still appeal

Is a trade war inevitable?

Sheldon MacDonald
clock 11 December 2024 • 4 min read