One in three (33%) advised families share the same financial adviser across multiple households of the same family, according to new research.

The clarity provided this week on personal social care contributions by the Government opens up major retirement advice opportunities, according to Aegon.

There has been a sharp rise in the amount of assets and platform accounts that are linked between family members over the last year on Quilter’s UK platform, Old Mutual Wealth.

The FCA has today published a discussion paper on intergenerational financial differences, exploring the changing financial needs of consumers from different age groups.