Bank of Mum and Dad – worth their weight in gold
5 August 2025
Over half of fist-time buyers relied on family financial help in 2024 to get a foot on the ladder BoMaD support averaged £55,572 per buyer
Over half of fist-time buyers relied on family financial help in 2024 to get a foot on the ladder BoMaD support averaged £55,572 per buyer
Baby boomers hold over half of the UK wealth and should start legacy planning now Gen X can benefit from early financial advice to simplify
Nearly a quarter of brand cloning scams succeed, costing investors £2.7m in H2 2024 AI is fueling more convincing scam tactics that mimic real firms
Most UK adults lack essential knowledge about their pensions and how they’re invested A significant number don’t know their State Pension entitlement or how it’s
Nearly half of over-50s are worried about running out of money in retirement Many retirees withdraw pension lump sums impulsively, without understanding tax or long-term
Summer is the ideal time to review financial goals and investment strategies Utilising tax allowances now can protect your wealth from future policy changes Long-term
The disparities in wealth accumulation between the generations are striking Today, younger generations hold just 4% of total UK wealth Almost half of UK adults
82% of advised investors believe they get good value from financial advice, up 10% from last year 96% of advised clients value their adviser’s accessibility,
50% of salaried employees and 33% of non-salaried workers lack life insurance Life insurance covers expenses like mortgages, bills and education costs should the worse
Research shows a third of European HNWIs are yet to make a financial plan for retirement 80% of survey respondents plan to pass wealth to
Call us or pop in for a coffee, scone and a chat!
© Copyright 2024 Home & Finance. All rights reserved.
Website by TOMD.
Home & Finance is registered in England and Wales.Registered office, 14 New Market St, Ulverston, Cumbria, LA12 7LN.
Authorised and regulated by the Financial Conduct Authority. Home & Finance General Ltd is entered on the Financial Services Register https://register.fca.org.uk/ under reference 300760 for General Insurance Products.
Authorised and regulated by the Financial Conduct Authority. Home & Finance IFA Ltd is entered on the Financial Services Register https://register.fca.org.uk/ under reference 135250 for Investment & Mortgage business.
A summary of our internal complaints handling procedures for the reasonable and prompt handling of complaints is available on request and if you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service at www.financial-ombudsman.org.uk or by contacting them on 0800 0234 567.
© Copyright 2024 Home & Finance. All rights reserved. Website by TOMD.
© Copyright 2024 Home & Finance. All rights reserved.
Website by TOMD.
Home & Finance is registered in England and Wales.Registered office, 14 New Market St, Ulverston, Cumbria, LA12 7LN.
Authorised and regulated by the Financial Conduct Authority. Home & Finance General Ltd is entered on the Financial Services Register https://register.fca.org.uk/ under reference 300760 for General Insurance Products.
Authorised and regulated by the Financial Conduct Authority. Home & Finance IFA Ltd is entered on the Financial Services Register https://register.fca.org.uk/ under reference 135250 for Investment & Mortgage business.
A summary of our internal complaints handling procedures for the reasonable and prompt handling of complaints is available on request and if you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service at www.financial-ombudsman.org.uk or by contacting them on 0800 0234 567.
© Copyright 2024 Home & Finance. All rights reserved. Website by TOMD.