Smart Money – May – June 2022


PASSING ON WEALTH TO THE NEXT GENERATION
30 million parents want to leave wealth in their Will

TAX IN UNCERTAIN TIMES
Key financial changes that have affected millions of people from April

MORE BRITONS INSURE THEIR HOMES THAN THEIR LIVES
Ensure your financial security for when you might need it most

DEALING WITH DIVORCE
Revolution in family law finally removes the need for blame as a basis for divorce

GENDER PENSION GAP WIDENS
Women have lower pension pot sizes in every age bracket

FUTURE WEALTH
The average British child is worth just under £5,000 by the time they reach school

SCAMMERS ‘SOCIALLY ENGINEER’ VICTIMS
17% increase in suspicious or scamrelated activity

FED UP WITH YOUR NINE-TO-FIVE?
Sixty the most popular age to retire early

RETIREMENT NEST EGG
Nearly a half of over-50s regret not saving into their pension earlier