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Wealth and income does pass between the generations

John Redwood, Charles Stanley’s chief global strategist, on the transfer of wealth across the generations.

John Redwood

in Features


Many clients of Investment managers have a strong sense of family. As they get older so their attention turns more to how they can pass on their wealth to be used by their children and grandchildren. Meanwhile a debate is underway over whether there is too much wealth and income concentrated amongst the older generations, to the detriment of young people. It is not our job as investment managers to express a moral or political view, but to understand this background to decisions on tax levels and wealth ownership.

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