Britons playing 'inheritance roulette': Canada Life

Pedro Gonçalves
clock • 2 min read

Britons are saving less money or waiting to buy a house because of hopes of a legacy windfall. Over 5 million UK adults have adjusted their financial plans as a result of what they expect to inherit, which is like playing 'inheritance roulette' warns Canada Life. According to the figures released by the firm, 15% of UK adults aged between 16 and 54 - or more than 5 million adults - have decided their next financial steps based on inheritance expectations. The most significant alterations have been made to saving plans and property purchases. As a result of what they expect to inherit,...

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