In Focus: Intergenerational Wealth  

Education costs need proper wealth planning

The most common reasons are that young people were concerned they would struggle to pay for university fees due to the financial impact of the pandemic, and they were worried that going to university might increase the risk of them catching Covid-19. 

According to commentators, this might impact intergenerational wealth planning because parents and grandparents could focus on other financial priorities, such as helping the younger generations to get onto the housing ladder or increasing their dependents’ pensions contributions. 

Saksha Menezes is interning with FTAdviser