Is Bank of Mum & Dad about to flip to their children?

According to a recent article in Financial Reporter; it would seem that the Bank of Mum and Dad could be about to flip as the future trend for 20 and 30 years being financially supported by their parents is set to go into reverse as this generation are now expecting to financially support their parents as they get older as gold-plated pensions dwindle and affordable housing is far more challenging for them.

Source: Aegon and Financial Reporter.

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