I was intrigued and more than a little worried this week by a report about consumer expectations of an inheritance windfall. It turns out many millions see an inheritance windfall as almost guaranteed.

A quarter (22%) of UK adults are holding out for an expected inheritance before going ahead with a major life event, according to new research.

Two thirds (68%) of UK adults believe it’s important they leave an inheritance, but mortgage and rental costs are hitting their hopes of handing down a legacy.

Despite wanting to leave an inheritance, the majority of UK adults are struggling to do so, according to a new study from wealth manager St James's Place.