The £7 trillion wealth transfer that is changing who controls money in the UK
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A huge wealth shift is underway as trillions move from older generations to younger ones, with women now inheriting more money than ever. Here is what the Great Wealth Transfer means for families, investors and anyone expecting an inheritance.
A massive £7 trillion is about to change hands in the UK, and it is already reshaping who controls Britain’s money. By 2050, we will see the biggest intergenerational handover of wealth in the country’s history, and the surprises are not just about age. They are about gender.
As inheritances flow from the over sixties to younger generations, huge sums are also moving from men to women for the first time on this scale. New research from Unbiased shows women are now 45% more likely to have inherited assets, and they are turning that shift into influence. More women than ever are seeking solo financial advice, taking control of investments, planning ahead and refusing to let wealth slip through the cracks.
But the Great Wealth Transfer is not risk free. Inheriting money comes with decisions that can make or break a family’s future. Tax traps, investment mistakes and a lack of long term planning can all drain value fast. One of the biggest issues? Most heirs ditch their parents’ financial advisers because the relationship was never built for them. When that happens, billions in assets fall out of established networks and end up being steered without expert guidance.
Connect with an FCA regulated financial adviser via Unbiased and get expert guidance on inheritance, investment and long term wealth planning.
That is exactly why platforms like Unbiased are becoming essential during this generational shift. By matching people with fully vetted, FCA regulated financial advisers, Unbiased helps first time inheritors, experienced savers and families navigating difficult decisions get proper support at the moment it is needed most.
It is also forcing a reality check around financial literacy. Conversations about wills, inheritance and wealth planning used to be awkward, avoided and left until too late. Now, with such a huge transfer underway, younger people are having to get to grips with capital gains tax, intergenerational planning and safeguarding assets much earlier than their parents ever did. For anyone expecting to inherit, or already dealing with it, having the right regulated adviser can be the difference between building a legacy and losing it.
That is why more families are using Unbiased to prepare, protect and grow what is being passed down. Modern inheritance demands clear guidance, and an adviser who knows how to help the next generation take charge.
Key points worth knowing:
• £7 trillion in assets will change hands by 2050
• Wealth is shifting fast from the over sixties to younger adults, and significantly from men to women
• Women are now 45% more likely to have inherited assets
• Proper financial advice is crucial to protect and grow wealth
• You can connect instantly with an FCA regulated adviser via Unbiased
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