Abbie Knight: Get your business ready for the £5.5trn wealth transfer

Four key areas to focus on

clock • 6 min read

Preparing their business for the £5.5 trillion intergenerational wealth transfer expected in the UK over the next three decades will put advisers in the best possible position for future growth, explains Abbie Knight

Over the next 30 years, £5.5 trillion is expected to be transferred between generations in the UK, according to the Centre for Economics and Business Research (CEBR). This amount is unprecedented and presents both an opportunity and a threat to the financial advice sector. Whether advisers want to admit it or not, the risk of losing business from younger generations following an intergenerational wealth transfer is real. A study produced by the CEBR and Opinium on behalf of the Kings Court Trust found that 15% of financial advice practices lost 50% of the value of their assets under mana...

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

Regulators publish joint consultation on DC pensions value for money

Regulators publish joint consultation on DC pensions value for money

'Pension schemes' performance will be public with a simple rating system'

Martin Richmond
clock 08 January 2026 • 5 min read
Female clients twice as likely to be unhappy with their adviser than men

Female clients twice as likely to be unhappy with their adviser than men

Dissatisfied with communication, trust and adviser/client relationship

Isabel Baxter
clock 08 January 2026 • 2 min read
Why the 'comfortable middle' faces a tougher decade ahead

Why the 'comfortable middle' faces a tougher decade ahead

‘From a client’s perspective, it feels like earning more while keeping less’

Anthony Villisis
clock 08 January 2026 • 5 min read