Law Society urges solicitors to ignore SRA restricted stance

The SRA or the Solicitor’s Regulation Authority’s new laws allow client preference to be referred to advisers under restriction. The Law society, which is the spokesperson body for the solicitor establishment firms have, arguments that the SRA decision to relax the conditions needed to refer clients to IFA s for advice on investment could lead themselves vulnerable to claims of negligence. The whole profession of solicitation is afraid of being messed up in the misunderstood and fraudulent business practice scandals that have recently disrupted the working of so many banking and law institutions in the recent past.