1960s children look to inheritance

Press Association
Updated
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BR2HJX Actual last will and testament with eyeglasses on wooden desk will; last; will; and; testament; agreement; bequeath; cont

The children of the 1960s and 1970s will only be better off than the previous generation when they retire due to inherited wealth, a leading economic think-tank has found.

The Institute for Fiscal Studies (IFS) said people born in the two decades from 1960 will, on average, have no higher income or savings, will be less likely to own a home and will have smaller private pensions than their predecessors from 10 years earlier.
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