Rich parents continue to fund their children

Over a third of wealthy Britons still expect to be helping their children financially when their offspring are into their 40s and beyond, as do a quarter of the general population surveyed for the latest UK Wealth Watch report from Lloyds TSB Private Banking. The report unveiled statistics concerning how much financial help children continue to receive from their parents. It also compares the contrasting attitudes of the wealthy and the general public towards giving to their children - whether a regular allowance for day to day living, when putting money towards property, cars or holiday...