Millennials expect to inherit £1.2 trillion in the next 30 years, with over 11 million people aged between 25 and 45 in the UK expecting to receive some inheritance from their parents or grandparents, according to a report by Sanlam UK.

The Generation Game report shows that almost half of those (5.1 million) are expecting to inherit at least £50,000 in fixed assets or money. Out of the 5.1 million, the mean average value of the inheritance expected is £233,000, which equates to £1.2 trillion. However, four in 10 (38 percent) of this group have not spoken to the person they hope to receive the inheritance fro...