Adrian Boulding: Intergenerational financial differences move up agenda

The 59-page discussion paper (DP19/2) entitled Intergenerational Differences, published last month by the Financial Conduct Authority (FCA), runs some detailed comparative wealth models for the median baby-boomer (born 1946-1965), generation X (born 1966-1980) and millennial generation (born 1981 through to 2000) person living in the UK. It borrows heavily from the Office for National Statistics to explore the status quo now - or at least in the 2016/2018 period - and roughly 10 years ago, for each of these three generational groupings. In doing so, it tries to map what is most certainly...