As solicitors, we are not authorised to give financial advice. Although a lot of the legal advice that we give has a financial benefit, we therefore work closely with financial advisors and we will sometimes refer our clients to them and vice versa.
As solicitors, we are not authorised to give financial advice. Although a lot of the legal advice that we give has a financial benefit, for example helping you to save tax or care fees, or showing you the best way to pass wealth down through the generations of your family, this is not the same as advising you as to which financial products are best for your circumstances.
We do however, need to point out to you all the various ways there are of achieving your aims. For example, if you wish to plan your affairs so that when you die your estate pays as little inheritance tax as possible, we can advise you about the ways in which Wills and Trusts can be used but we also need to let you know that there are financial products which can help too. We just cannot tell you which financial products are the best.
We therefore work closely with financial advisors. We will sometimes refer our clients to them and vice versa.
At Onions & Davies, we have many years’ experience of working with financial advisors and we have built up a trusted network of people to whom we would be happy to refer our clients. Our professional conduct rules dictate that we can only refer clients to independent financial advisors and from those, we will make a selection based upon factors such as level of qualification, experience in certain areas of financial advice, how well we feel they will get on with a particular client, geography, and so on.
We will of course work with a financial advisor that you already use and that you are comfortable with but if you would like us to recommend someone, we would be happy to do so.
This information refers to the law of England & Wales only, which from time to time changes. In particular, tax information changes annually. It is not a substitute for professional advice, which is up to date and specific to your needs. This information is a summary of the provisions relating to financial advice and cannot cover every aspect of their operation. It represents our understanding of current legislation in England and Wales but should not be relied upon as an authoritative statement of law nor as constituting advice. We would advise that legal advice be sought in every circumstance.
© 2018 Onions & Davies. Onions & Davies Solicitors is the trading name of Onions & Davies Ltd, Company Reg. No. 8322297, Registered Office address: 91 Cheshire Street, Market Drayton, Shropshire, TF9 3A. Onions & Davies is authorised and regulated by the Solicitors Regulation Authority (SRA ID Number: 607617)