Advisers urged to encourage philanthropy amongst HNW clients

Philanthropic network Community Foundations has noted that philanthropy is an "increasingly integral" part of a client's long-term strategic financial planning goals, and advisers need a network of sector specialists to navigate it. The giving network also noted that it can be a challenge for HNW clients to find the right organisations to support. A philanthropy report from Pro Bono Economics in November 2023 found that there is a "philanthropy knowledge gulf" in the UK's financial sector, which is preventing financial advisers from engaging their clients on philanthropy despite a "cl...