Parents want to give away an average of £15,000 as early inheritance gifts to help their children financially now rather than making them wait, research from over 55s retirement specialist Key Retirement shows. 

The research, which focusses on actual gifting behaviour and the intent to gift, aims to give a clear current and forward looking analysis of the Bank of Mum and Dad.

Its data shows that more than half (53 percent) of parents plan to make major financial gifts to their children with an average target of £15,000 per child, while more one in 10 (11 percent) expect to give more than £25,000 in gi...