Working With Solicitors
In November 2019, the rules around referrals changed under the Solicitors Regulation Authority (SRA) Standards and Regulations.
We understand that the dual code system expects law firm managers and compliance officers to introduce processes and systems which facilitate best practice to ensure a referral is in the best interest of a solicitor’s client.
Our WWFP team of independent financial advisers have considerable experience of working with solicitors who refer their clients to us for very specific services.
Our aim is to complement the advice of our professional partners, to provide clients with a safe and trusted service. Our independent financial advisers assist our professional partners to maintain an ongoing client relationship.
We guarantee we work with our partners compliantly and professionally.
We understand, as law firms, you will want to refer your clients to professionals who are highly qualified. Our team consists of Chartered Financial Planners and Independent Financial Planners who are continually being trained in line with our training and development framework.
As a firm we demonstrate our commitment to raising standards, knowledge and ethical practice and our compliance and training
is overseen by our Managing Director. We offer technical and market knowledge as well as the best investment fund research.
We guarantee we work with our partners compliantly and professionally.
How We Help Solicitors
We will work with solicitors to assist them in creating solutions for their clients but also directly with the client after a referral:
- Inheritance tax solutions and trust advice
- Managing investments in the most effective manner
- Advising clients on splitting financial products such as pensions after divorce. We ensure the right pension settlements and sharing arrangements are in place while also minimising their tax liabilities
- Ensuring relevant policies are in place to support legal business contracts
- Independent mortgage advice to find the most competitive terms
- Making ourselves available for seminars to our legal partners in areas of common interest
- Coaching solicitors on the most recent financial solutions after budget changes
- Advice in relation to personal injury and court of protection settlements
- Acting as an expert witness for guidance against previous advice that solicitors customers have received
- We assist with financial communications in your company’s newsletters/websites and general marketing materials and seminars
Contact Worldwide Financial Planning
You may also be interested in...
Retirement Planning
We all work hard, so, when you choose to retire, we want you to have peace of mind and financial security so you can spent your time the way you want to.
Investment
Whether your wealth comes from building a business, investments or family inheritance, robust family and estate planning is essential for protecting your wealth.
Equity Release
If you are aged 55 and over, Equity Release means you can access cash (equity) which is locked up in your property without having to sell your property.