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St James's Place targets inheritance advice market

Mar 01, 2018 - The Daily Telegraph (London)

ST JAMES'S Place has flagged the transfer of money from the ultra-rich to their offspring as a "key opportunity" in the years ahead as trillions of pounds are expected to be inherited by the next generation.

The FTSE 100 wealth manager has for years cashed in on the rising demand for retirement advice due to an increasingly complicated pensions landscape, yesterday reporting a pretax profit rise of 32pc for 2017.

However, the business is now expecting demand for advice to grow as som...