Guidance 26 provides as follows concerning client care information/terms of business etc:
Where you are, in effect, your firm’s client – for example,
as an executor administering a deceased’s estate or a trustee of a trust – you should consider what information, if any, should be given to interested parties.
There is no requirement, for example, that beneficiaries under a will or trust should be treated as though they were clients . It may, however, be good practice to provide some information—for example, about the type of work to be carried out and
There appears to be no equivalent guidance for costs information, although my recollection is that this would have been a requirement in similar circumstances under previous rules. Is this contained elsewhere, or does it no longer apply?