View more on these topics

Law firm targeting IFAs with partnership deal

Chancery Law Group is setting up Partnership for Profit, a legal support

service aimed at opening new business opportunities for IFAs.

The firm hopes the service will create a legal platform for IFAs to help

their clients get to grips with legal financial planning issues, including

inheritance tax.

Chancery Law hopes advisers will pass on details of the firm to clients

needing legal services such as for writing a will. In return, advisers get

12.5 per cent of the fee the client pays Chancery Law.

Chancery says it will also pay IFAs a percentage of any future business

conducted with the client.

The company hopes the service will open up new income streams and give

IFAs the opportunity to provide a more rounded service to their clients.

As Chancery Law is not authorised to give investment advice, it claims it

does not interfere with advisers&#39 relationships with their clients. It says

70 per cent of people in the UK do not have a will.

Managing director Tony Gimple says: “This service securely links financial

advice into a legal framework. It can help financial advisers ensure they

are minimising the impact of inheritance tax on their clients&#39 wealth as

well as manage wealth after death. It is a very powerful relationship which

can open up new markets for intermediaries.”


More trouble in the Jupiter family

Jupiter Asset Management received more bad news yesterday when one of its own funds served notice that it may fire the company. The £250m Jupiter Split Trust, which has been run by the parent company since its creation in 1996, gave “protection notice of termination of the…contract.” The notice sets the notice period running, which […]

GEB ready to rumble

The strong performance of markets over the last few years has lulled manyinvestors into regarding equity investments and in particular index trackerfunds, as a safe bet. However, recent turbulence in the market and thefall of some dotcoms from grace has begun to wear away at investorconfidence in direct equities and investors have begun to look […]

Guaranteed uncertainty

The earliest form of guaranteed equity products appeared around the end ofthe 1980s. Since then, there have been a considerable number ofdevelopments driven both by stockmarket conditions and by investor demands.The two main product types are designed for growth and high income.Guaranteed growth products had their heyday in the early 1990s. At thattime, they could […]

Not everyone wants vanilla

“Forecasting,” a company chairman once remarked, memorably, “is adifficult business, especially with regard to the future.” I know how hefelt. At regular intervals, our industry is regaled with predictions ofboom, bust and much else besides. The stakeholder story has increased thedecibel lev-els and the air has been thick with the sound of axes –industrial and […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm