Fewer than one in five retired people feel it is their responsibility to leave money to their children, according to a study from Friends Provident.
Rather than leaving an inheritance, retired people expect to help their children with housing and education costs, with 26% of grandparents expecting to contribute to university fees for grandchild...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
