More than six in 10 millennials have no clue about their financial plans when it comes to IHT despite being likely to inherit around £4trillion by next year, according to a major survey for a wealth manager.

A new global study on the banking behaviour of people born between 1981 and 1996 has revealed that millennials were snubbing wealth managers in favour of fintech.

New research from Close Brothers has revealed the state of financial wellbeing of the UK’s millennials, with 87% admitting that money worries affect them while they are at work. 

Generation Z has been shown to be the financially savvy generation, over a third have more than £1,000 squirrelled away, a new study has revealed.