Covid, the great wealth transfer and bridging the generational gap

The greatest wealth transfer in history is taking place, with R100 trillion expected to pass from baby boomers to younger generations over the next few years, according to some of the figures I’ve seen.

Now, with the global pandemic bringing succession planning into an even sharper focus for many, how can high-net-worth (HNW) families bridge the generational gap to convert potential crisis into opportunity?

Iris Harvey, Director with Maitland based in Guernsey, “The global family office and fund administration firm founded by South Africans in Luxembourg in 1976, has been seized with this question