Digital legacy 'overlooked' in financial planning by clients

Seven in ten Brits fail to reference digital legacy as part of their will

Isabel Baxter
clock • 2 min read

Seven in ten Brits fail to reference digital legacy as part of their will, St James’s Place (SJP) has found.

The research among 4,000 UK adults revealed that seven in ten (71%) people with a will have failed to refer to their digital legacy in it, such as nominating a trusted individual to manage their accounts in the event of their death. Of those who did reference their digital life, nearly one fifth (18%) were prompted to do so by their financial planner. Moreover, nearly half (48%) of those with a will have also not connected family members to their financial planner, meaning loved ones may struggle to track down details of a deceased's digital life. Financial planners ensure digital ...

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Isabel Baxter
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Isabel Baxter

News editor at Professional Adviser

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