30th April 2021

Prudential: Are your clients ‘SKI’ing?

What’s stopping clients adopting wealth transfer strategies?

It might be that they’d rather spend it on themselves or put it aside in case they need it for the future, but if they do want to transfer their wealth, the older generation could be missing out on significant opportunities to help the generations that follow. 

Prudential’s exclusive consumer research report asks why families are leaving wealth transfer until later in life. 

• 25% are worried the younger generation might fritter away their hard earned cash. 
• 22% want to look for ways to direct how the money is put to constructive use to prevent squandering
• And 29% of grandparents believe ‘making your own way in the world’ is an important life lesson. 

You could help with their understanding of trusts, gifting and personal allowances through IHT planning.

For more information download your copy of the Family Wealth Unlocked report.

As well as the report they have a hub with lots of articles, case studies and videos, all designed to support you in having meaningful and informed conversations around intergenerational planning with your clients.

Partner Guides & Whitepapers, Tax, Trust & ISA, Partner Videos