The silver bullets of intergenerational planning
The Great Wealth Transfer is about to begin in earnest, where a predicted £5.5trn is set to pass from older to younger generations over the next couple of decades. While this may well bypass the so-called 'squeezed middle' - or Generation X - the financial services industry is well aware of the need to help all generations understand the value of money.But what we are also starting to see is the importance to advisory firms of getting more young people into good savings habits, and reaching out across generations to help today’s less wealthy youth become tomorrow’s wealthy pensioners. And…
The skinny
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