The launch follows a two-month pilot and will allow advisers to provide an additional value-add service for their customers.
Access FS has partnered with nationwide legal firm, Prestige Legals Direct, to offer the service to clients of any age.
Advisers will provide a legally binding execution-only will, and high net worth clients and those who require more sophisticated estate planning will be passed through to Prestige Legal Services for expert advice.
Access FS said that the free will writing service will help mortgage and protection advisers “maintain trust and further relationships with their clients, their families as well as helping them to attract new clients”.
It will also allow advisers to provide additional services such as life and mortgage products as will trustees are required to be contacted.
Karl Wilkinson (pictured), CEO of Access FS, said: “When loved ones pass away without a will in place, it can be both time consuming and stressful for the next of kin. In many cases, beneficiaries are also dependent on funds from the estate to pay bills and provide for family members.
“For the three in five people don’t have a will in place it can result in a lengthy probate process and people unable to get access to much-needed funds, sometimes for many months.”
He added: “We are endlessly seeking new ways to help our advisers provide quality financial support for their clients. Our partnership with Prestige Legals Direct is the latest in a number of initiatives that we have introduced to help both our advisers and their clients.
“Throughout our two-month pilot, we found that 60 per cent of clients who take advantage of the free will service also purchase another service from our advisers.”
Wilkinson continued: “It is a highly valuable service to help advisers generate more business in this challenging economy while also ensuring that we help comply with the Financial Conduct Authority’s new consumer duty rules to offer value and a good outcome to the customer.
“I welcome any advisers looking to offer their customer a free will service to get in touch.”
