Victims of W W & J McClure Solicitors and their Intermediaries

When

Tuesday, November 12th, from 6pm - 7:30pm GMT

Where

Online via Zoom.

Format

There'll be a great line-up of speakers plus ample scope for discussion and debate.

Why You Should Attend....

Join us for an important discussion on the aftermath of McClure Solicitors’ entering administration and its far-reaching impact on vulnerable clients. McClure Solicitors, a firm with over 120 years of history, went into administration in April 2021, leaving an estimated 60,000 clients—many elderly and vulnerable—facing significant legal, financial, emotional and stress-related challenges. This event will explore the connections between McClure Solicitors, the role intermediaries such as financial planners, charities, and estate planners played in steering clients towards what turned out to be unsuitable financial arrangements.

We understand that whilst nearly 18,900 FPT files were handed over to the law firm Jones Whyte, who were tasked with contacting and advising the clients that McClure had gone into administration, some 3 and a half years later it is estimated that only 11,000 FPT clients have been advised.

We will therefore be sounding the alarm that clients are unaware that the legal arrangements they have made may be in peril, especially for those that took out Wills or Lasting Powers of Attorney (where there is no known plan to contact them), potentially causing serious issues for them and their families – this really is a shocking state of affairs.

We will also examine troubling practices that have been uncovered, including issues with improper Wills, Powers of Attorney, and Family Protection Trusts (FPTs), where elderly clients were misled about protection from care home fees and probate avoidance. 

The event will also highlight the challenges ex-clients now face, such as expensive legal battles, lost files, and incorrect bequests, alongside the emotional and financial strain this has placed on their families.

Attendees will gain valuable insight into how third parties and regulators can offer support and accountability, whilst also exploring ways to better protect the elderly and vulnerable in future financial transactions.

In the media....

Video clip from BBC Look North

Click here to watch the clip

Collapsed law firm client feels ‘cheated’

Click here to read the article

Here's the programme so far...

Andy Agathangelou

Founder, Transparency Task Force; Chair, Secretariat Committee, APPG on Personal Banking and Fairer Financial Services; Chair of the Violation Tracker UK Advisory Board

 

Annette Riding

Leader, Victims of McClure Solicitors Campaign Group

 

 

Further information about the TTF

You can click on the button below to read about the 130+ Transparency Task Force Ambassadors. The list includes world class academics and highly respected thought leaders from right around the world.

Click here to see the TTF Ambassadors

Transparency Task Force Advisory Group

You can click on the button below to read about the Transparency Task Force Advisory Group, which is Chaired by the former Chair of the Financial Conduct Authority’s Financial Services Consumer Panel.

Click here to see the TTF Advisory Group

If you want to read testimonials…

If you haven’t been to one of our events before you can use the link below to read some testimonials:

Click here for Testimonials

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