Quarter of clients over 45 expect to leave larger inheritance

This is according to a survey conducted as part of M&G's Family Wealth Unlocked report for 2023. Of those aged over 55, 10% believe that recent spikes in interest rates will lead to larger inheritances for their descendants. In contrast, 17% of this age group expect their inheritances to be smaller. This sentiment is mirrored among individuals aged 45 to 54, where 15% believe that the inheritance they leave will be larger. This percentage outweighs the 13% who are concerned that their inheritances will decrease in value. M&G Wealth explained the figures reflected the pattern of "po...