People living in eastern or southern regions of the country are most likely to receive an inheritance, according to Quilter research.
It found 53% of people in those regions had been given an inheritance compared to 46% in the London region. More than half of those polled (52%) in the Midlands the North had also received an inheritance. Quilter's research, undertaken by YouGov, also looked at gifting during a person's lifetime. Between a quarter and a third of those surveyed across the different regions were unsure if they would be able to gift money during their lifetime. Retirement planning expert Ian Browne said: "Gifting between the generations is increasingly a lifeline for younger people as they struggle to ge...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
