Wealthier parents are more likely to split their assets unequally between their children, research has found.
The study conducted by wealth manager Netwealth looked at attitudes and behaviours towards intergenerational wealth planning among parents with varying levels of investable assets.
Only a quarter of those on the upper end of the wealth spectrum (over £500,000 in investable assets) plan to split their wealth equally between their children (28 percent), compared to two thirds of those ...