Global HNW families worried about passing wealth to next gen
63% believe that the millennial generation is not as committed
Wealth Transfer
-
-
How to plan wealth transfers in uncertain times
Different legal systems around the world will impose own rules on how estate can be distributed on death
-
How has coronavirus accelerated the global wealth transfer?
Advisers will have to adapt their offering to deal with the ‘physical and emotional changes’
-
Four-in-10 UK beneficiaries unsatisfied with their IFA
As £327bn expected to be passed down by Britain’s wealthy in next decade
-
Eight in 10 wealth firms fail at technology
Bad digital services risk driving future clients away
-
Baby boomers risking their retirement
As they prioritise passing down wealth over their own financial needs
-
Does blockchain have a place in wealth management?
While innovation could transform the industry, regulation may hold it back
-
Rich Americans keep quiet after deciding who inherits what
Just 22% will openly share details of their estate with entire family
-
Lack of advice on inheritance transfer will erode wealth
North America’s rich to pass down trillions to next gen, with Europe expecting billions to be given
-
US children unlikely to choose parents’ adviser
Financial services professionals need to start early – before money is inherited
-
Wealth transfer plans not high on the agenda for Brits
Quilter research shows it is something rarely being discussed or planned
-
Lack of financial advice causing legal headaches
Bad IHT planning can lead to unnecessary tax charges, family disputes and legal costs