Quarter of clients over 45 expect to leave larger inheritance

Findings from M&G’s Family Wealth Unlocked report for 2023

Sahar Nazir
clock • 1 min read

One in four (25%) of advised clients aged over 45 expect that the inheritance they leave behind will be larger than initially expected despite the cost of living crisis.

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...

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