PA360 North: Advisers must not ignore crypto in wealth transfer story

Knowledge is power when it comes to crypto investment

Jenna Brown
clock • 2 min read

Advisers must familiarise themselves with the growing crypto investment trend in order to better understand the next generation of clients and protect potentially vulnerable clients, delegates heard.

Speaking at PA360 North today (4 October), Schroders head of UK intermediary solutions Gillian Hepburn said it was essential advisers get to grips with different types of crypto investments, which are growing in popularity, particularly among younger people. Hepburn said the latest Schroders UK Financial Adviser Pulse Survey - published in May - found only 20% of advisers saw cryptocurrency as a concern but highlighted younger people would become the next generation of capital holders as the great wealth transfer - which will see £5.5trn pass from one generation to the next - happens dur...

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