Advisers should not ignore younger generations - Schroders

PA Working Lunch webinar

clock • 2 min read

One trillion pounds worth of assets will flow to future generations, and two-thirds (65%) of those inheriting wealth are unlikely to use the same financial advisers as those passing on their wealth - the intergenerational wealth transfer was focus of Professional Adviser's latest Working Lunch webinar, in association with Schroders.

Gillian Hepburn(pictured), head of UK intermediary solutions at the asset manager, said advisers are dealing with a younger generation attracted by the thrill of investing and are engaged with investment in some shape or form. Despite her senior financial services role, Hepburn said she recently learned that her 24-year-old son had all his money invested in crypto. She added that the next generation should not be ignored by financial advisers. "I was at a conference earlier this week where somebody very senior in the industry, actually said, 'we just need to ignore all these people th...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

'Dinosaurs go extinct': Former Progeny CTO warns platforms must evolve or die

'Dinosaurs go extinct': Former Progeny CTO warns platforms must evolve or die

Tim Thompson Rye warns advice platforms must embrace digital transformation

Sahar Nazir
clock 31 January 2025 • 2 min read
Advice firms called to 'create tech team' to fully embrace AI

Advice firms called to 'create tech team' to fully embrace AI

‘A tech team can look at the most important problems your firm needs to solve’

Sahar Nazir
clock 31 January 2025 • 2 min read
Feel Good Friday: CISI gives nearly £250,000 to financial education charities

Feel Good Friday: CISI gives nearly £250,000 to financial education charities

Providing support to Get Set Girls, RedSTART Educate, and Crosslight Advice

Professional Adviser
clock 31 January 2025 • 1 min read