For the sake of future generations pensions must be invested correctly

Important wealth managers and financial advisers talk to clients

Much has been made of the great wealth transfer that is due to take place between the generations in the coming years.

As a result of asset price rises and strong investment markets, the older generations have accumulated a mass of wealth that will ultimately be passed down at least one, but maybe even two or three, generations. According to research from estate administrators Kings Court Trust, as much as £5.5trn will pass between the generations within the next 30 years.  Now much of this will happen through the likes of gifting or through property. However, since the pension freedoms were introduced in 2015, pensions have increasingly become more important in the estate planning conversation. ...