Inheritance is expected to bolster the pension income of people born in the 60s and 70s as they face lower private pension wealth than their predecessors, the Institute for Fiscal Studies (IFS) says.
In a report published today, the IFS claimed inherited wealth was the most promising factor for driving up retirement incomes as people in their 40s and 50s are no wealthier than those a decade old...
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
