How to use pensions for intergenerational planning

FT Adviser · Jul 26, 2021 · 26m

Over the next few decades it is estimated that trillions of pounds will pass from one generation to the next: primarily from baby-boomers, who have ridden the wave of rising asset prices to their millennial children, who haven't always been as lucky.But ever since the pension freedom reforms of 2015, the big worry many savers have had is how they can turn their pension savings into an income so they can enjoy themselves in retirement.So what role does the pension have in the intergenerational wealth transfer? How can advisers help their clients make sure there are no nasty surprises on death?…