Who do you trust with writing your will? Maybe an insurance company; they’ll see you right.
“At the moment, unregulated individuals are charged with distributing considerable sums of money. It is becoming more difficult to assist consumers to identify reputable service providers.”
Furthermore, new recommendations, if implemented, will: “…require regulators to develop proportionate and targeted approaches to supervising providers by identifying and targeting risks and taking swift enforcement action if things go wrong.”
The subject of those two statements, by Law Society president Lucy Scott-Moncrieff and the Legal Services Board respectively, is not the European processed food industry – although it could well be – but the recommendation by the LSB to recommend to the Lord Chancellor that the writing of wills should become a ‘reserved activity’. The recommendations follow a two-year investigation by the LSB and, if accepted by the Lord Chancellor, will not come into force until 2015. Speed, apparently, was not of the essence.
