How would different wealthy generations change the professional support provided in the inheritance process?

Overall, European HNWIs favoured adding more support to the inheritance process structure.

In spite of this, very few investors would change the individual or institution they were working with to support this process. Just a quarter of millennials would change the institution that they work with, with this proportion increasing to just over one in three investors aged between 35 and 49.

But there is no need to rest on our laurels! While HNWIs may be happy to stay with existing advisors, they are calling for much more support for inheritors. In particular, millennials are calling for a much more engaged experience – with 77% of them demanding more guidance as part of the process.

Interested in learning more?

Click through to our SlideShare, below, for more information on the ways in which life assurance can be used as a wealth transfer mechanism.