Wealth can take many forms. It is reflected in the possessions we treasure, the values we uphold, the causes we support and the stories that connect generations. Increasingly, families are recognising that the true significance of wealth lies not only
More about Summer reading for private clients – wealth and valuesHigh net worth individuals are increasingly investing in art, watches, wine, classic cars and other collectibles. While these assets are often acquired out of passion, they are also becoming an important component of wealth and succession planning. As a result,
More about Wealth and assets: when emotional investments meet financial responsibilityWealth is not a universally defined concept. Its meaning, use and transfer are shaped by cultural values, traditions and social norms. Whilst financial and economic wealth are important measures, many cultures also place significant value on family, reputation, education, community
More about Wealth and culture: how values, tradition and community shape the way success is measuredFor many high-net-worth individuals, philanthropy is increasingly becoming an integral part of wealth planning. Families are looking beyond tax mitigation and one-off donations, and moving towards a more strategic approach, to consider how their family values align with their charitable
More about Wealth and philanthropy: the role of giving in family wealth planningThe stories our possessions tell We spend our lives accumulating possessions. Some are practical, some beautiful, some carry memories. They all tell stories about our lives. A favourite painting may remind us of a particular place or moment; a piece
More about Wealth and possessions: the stories we keep and the legacies we leaveWhile trustees of private trusts remain primarily focused on achieving appropriate financial returns for beneficiaries, many are now being asked to consider how trust investments align with family values, responsible stewardship and broader long-term objectives. Why this matters The private wealth landscape is changing. Families often span
More about Wealth and values: investing beyond financial returnWith the Prime Ministerial leadership contest drawing to a close and a new Prime Minister preparing to take up residence in Number 10, attention inevitably turns to what comes next. New leaders are often keen to make their mark, bringing
More about In Trust – July 2026At its simplest, a pension scheme surplus means that the scheme has more assets than it expects to need to pay members’ benefits. However, the existence and size of any surplus depends on the funding basis used. A scheme may
More about DB surplus major flexibilities: the new regime takes shapeIn the determination dated 8 May 2026 relating to the European Metal Recycling Limited Pension and Life Assurance Scheme (CAS -85140-P4M5) TPO considered different types of forfeiture clauses and reviewed case law such as Lloyds Banking Group Pensions Trustees Ltd
More about Pensions Ombudsman upholds Executor’s claim to past pension paymentsProcessing sensitive and special category data increases the risks of data breaches. Pension schemes are attractive targets for cyber-attacks, for example, the attack suffered by Capita in March 2023. Schemes are exposed to significant financial and reputational risk. Last year
More about Data protection – vulnerability of pension schemes