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There’s a dip in financial confidence when Brits reach their 50s, according to newly published research. Only 33% of people aged 50-59 feel positive that they will retire comfortably. This is the lowest of any age group, with 49% of young adults and 46% of over-60s feeling confident about retirement. Meanwhile, people aged 18-49 spend nearly £300 annually on anti-ageing products, almost three times the amount spent by those in their 50s and more than four times that of those aged 60+. Aegon, which commissioned the research, said the findings highlight a complex relationship with ageing, shaped by both appearance and anxiety, especially in the face of financial uncertainty. Dr. Tom Mathar, Head of Aegon’s Money:Mindshift

The UK’s ‘great wealth transfer’ will see an estimated £5.5tr to £7tr passed down the generations in the next 30 years. As money, property and assets are passed on through inheritance, gifts and estate transfers, it is important to understand what this will mean for you. How can I secure my legacy? Baby boomers (born 1946–1964) control more than half* of the UK’s wealth. Mostly, they are financially comfortable, though may be worried about their children or grandchildren. The key is to start the conversation with family members early. This means taking a proactive approach to financial planning – securing your legacy will bring peace of mind. How can I