It is most likely that people alive today are going to live longer with around one in ten men and one in five women aged 55 living to 100 years, according to Penny Lovell, chief executive of Sanlam Private Office.

Ms Lovell told attendees at the 2018 eprivateclient Law Dinner held at The Goring Hotel in London last week (13 November 2018) that almost 15,000 people aged over 100 are alive in the UK today with almost 1,000 of these aged 105 or older.

It was, she said, therefore vital “we reflect on the huge transition of wealth being passed down over the next 20 years and the impact on longevi...