Women put children first when thinking about wealth planning

In contrast to men who are more likely to prioritise their spouse

Isabel Baxter
clock • 2 min read

Women put their children first when thinking about wealth planning, in contrast to men who are more likely to prioritise their spouse, according to research from wealth manager Charles Stanley.

The research found that 45% of high net worth (HNW) women consider their child first when it comes to succession planning; a number which drops to 33% amongst men. Contrastingly, 37% of men would consider their spouse first for passing on their wealth in the event of their death - a number which lowers significantly to 17% amongst women. However, these aspirations may not become reality without a will in place to direct wealth when needed. Only three in five (59%) HNW individuals have a will in place, which is more common amongst men at 64%, compared to 57% of women. The research a...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Private markets push meets adviser pragmatism: 'Real shift will come when advisers are empowered, not pressured'

Private markets push meets adviser pragmatism: 'Real shift will come when advisers are empowered, not pressured'

Higher proof-of-value demands and operational challenges keep private markets on margins of UK advice portfolios

Sahar Nazir
clock 19 December 2025 • 9 min read
Feel Good Friday: Tyndall Partnerships supports charity drive delivering Christmas aid to over 500 families

Feel Good Friday: Tyndall Partnerships supports charity drive delivering Christmas aid to over 500 families

Business development exec Lawrence Patrick joined charity The Mehiel Foundation

Professional Adviser
clock 19 December 2025 • 1 min read
Why human connection remains central in a digitally enabled advice sector

Why human connection remains central in a digitally enabled advice sector

'It is clear that the sector is moving through a significant period of transformation'

Tim Riseborough
clock 17 December 2025 • 3 min read