Over-60s are richer thanks to high interest rates and well-performing pension funds. And the Tory voters among them will look kindly on a chancellor who helps out by cutting inheritance taxWealthy baby boomers are going for gold. Not literally, in the sense that they crave the yellow metal; the gold they want is a mix of tax breaks and subsidies that will enrich them in retirement and feather-bed their offspring in a way unimaginable a couple of decades ago.Like winners at life’s casino, they want to cash in their chips and bank their winnings. In the main, their assets boil down to property and pensions. And both need to be safeguarded to make sure they are immune to the trials and tribulations of the wider economy. Continue reading…
Source : theguardian.com
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