Spousal support: Why working with the family should be essential for advisers

Rewatch event

Jenna Brown
clock • 4 min read

With trillions of pounds set to transfer to spouses and inheritors during the next 30 years it is more important than ever for advisers to build lasting relationships with families, not just individual clients, delegates heard at PA's Working Lunch event.

Speaking at PA's Are spouses key to the profitability and longevity of your business? event, which you can rewatch in the embedded YouTube video below, attendees heard £5.5trn is set to shift from one generation to the next but around two-thirds (65%) of inheritors switch advisers. Schroders intermediary solutions director Gillian Hepburn also told delegates that 70% of women inheriting money will switch advisers within one year of their spouse passing away. "There is a lot at stake here," she said. Unique Financial Planning managing director Phillip Martin argued retaining client...

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

Firm owners 'facing pressure' to make technology decisions

Firm owners 'facing pressure' to make technology decisions

‘AI is framed as something that will change everything’

Sahar Nazir
clock 30 January 2026 • 3 min read

Advisers urged to consider clients' 'trust state' and establish credibility early

‘Trust is built in moments of uncertainty, not certainty’

Isabel Baxter
clock 30 January 2026 • 3 min read
Cash ISA allowance cut risks hardening saver/investor divide, advisers warn

Cash ISA allowance cut risks hardening saver/investor divide, advisers warn

Govt policy shift reignites debate around role of cash ISAs

Sahar Nazir
clock 28 January 2026 • 5 min read