The importance around working in the intergenerational planning market

09 November, 2022LIBF Webinar
Julie Greenwood, Octopus Investments
Helen Longland, St James Place

All generations are facing a 40-year-high levels of inflation and many challenges due to increases in the cost of living, but with property values continuing to increase to record levels, HMRC Inheritance Tax receipts have increased to £5.4bn in 2021.

With people living longer the average age for receiving an inheritance is increasing. Future generations are expected to inherit more than £293bn. It is also predicted that wealth passed to younger generations is projected to double over the next 20 years - and could reach as much as £5.5tn by 2047.

With the freezing of allowances until 2026 there is a growing need for intergenerational planning, with long term goals and objectives balanced against shorter term needs.

In our latest webinar Richard Cooper Business Development Manager at The London Institute of Banking & Finance, was joined by guest speakers Julie Greenwood from Octopus Investments and Helen Longland from St James Place to explore some of the key issues and skills required to ensure that advisers can identify and add value to clients and their families, ensuring they are well placed in an increasingly important area of financial advice.