Media
From BOMAD to ‘bank of son and daughter’ – the sandwich generation financially supporting their adult children and their ageing parents
25 April 2025
Latest Saltus Wealth Index reveals HNWIs are stepping into the role of ‘bank of mum and dad’ (BOMAD) and ‘bank of ‘son and daughter’ (BOSAD) as their families struggle with rising costs Seven in ten (73%) high net worth parents are financially supporting adult children, while more than two thirds (68%) are helping their ageing […]
Rising costs force one in 10 high net worth individuals to cut pension contributions, putting retirement plans at risk
13 February 2025
Nine in 10 HNWIs say the current higher interest rate environment – and the continuing rise in the cost of living – has impacted their lifestyle and financial planning One in six have reduced personal spending while one in ten have been forced to reduce pension contributions Only 3% of respondents are making use of […]
Search trend shows spike in ‘divorce’ searches over festive period but HNWIs are hesitating over costs
16 January 2025
New research from wealth management firm Saltus reveals a striking surge in online searches related to ending a marriage over the festive period. After exploring Google search trends, Saltus found that searches for ‘I want a divorce’ and ‘cheap divorce’ rose dramatically between December and January. With numbers for both terms indexed from 100 at […]
Saltus appoints Andy Cawker as Chairman of its Asset Management division
30 November 2024
London, UK – Wealth management firm Saltus has appointed Andy Cawker as Chairman of its asset management division to support the firm’s strategic growth. With over 30 years of experience managing portfolios, cross-asset investment leadership and overseeing complex product groups, Cawker brings a wealth of knowledge to Saltus Asset Management and Saltus Partners LLP. In […]
Ahead of Burberry half year results, new research reveals high net worth individuals are increasingly cutting spending on luxury goods
1 November 2024
Latest research from financial planning firm Saltus shows 17% of high net worth individuals have cut down on luxury items and designer clothes specifically Burberry (BRBY.L) reports its first half results this week (Thursday 14 November) and is expected to report a one-fifth drop in sales, according to analysts1. Burberry is the latest in a […]
Saltus acquires Tavistock’s financial advice businesses
3 October 2024
Saltus has acquired Tavistock’s financial advice businesses, Tavistock Partners Limited (“TPL”) and Tavistock Partners (UK) Limited (“TPUK”) subject to approval from the regulator for a total consideration of up to £37.75m. – Saltus has acquired Tavistock Partners Limited and the assets of Tavistock Partners (UK) Limited, including the leading Abacus and Duchy brands – The […]
High net worth individual confidence in UK economy rises, but areas of concern remain – Saltus Wealth Index
24 September 2024
The Saltus Wealth Index – a barometer of HNWIs’ confidence in the UK economy and their personal finances – has shown some growth with the departure of the previous Government, but remains short of its peak in 2022. The confidence of high net worth individuals (HNWIs) in the UK economy has risen to record levels, […]
Saltus appoints Head of Relationship Management to Partnership Programme
17 July 2024
Wealth management firm Saltus has appointed Nick Heath as Head of Relationship Management for the Saltus Partnership Programme. As a seasoned business development professional, with over 20 years of experience delivering outstanding results within the intermediary and private client markets, Nick Heath has joined the business to oversee the relationship management team within the Saltus […]
Despite Labour’s pledge to add VAT to private school fees, high net worth individuals (HNWIs) will vote for Keir Starmer
6 June 2024
Research reveals 27% of high net worth individuals (HNWIs) would vote Labour, 16% would vote Conservative and 15% would vote Liberal Democrat Even amongst parents who say they will have to pull their children out of private school should Labour add VAT to fees, 23% say they will still vote Labour compared to 16% who […]
Only a third of high net worth individuals maximising new pension annual allowance
23 March 2024
In the first 12 months since the annual allowance for pension contributions rose, despite 42% of high net worth individuals (HNWIs) previously saying they planned to contribute the full £60,000, only a third have contributed more than £40,000 and just 8% more than £50,000 The pension pots of those nearing retirement are currently more than […]
At 56, I downsized and took £30k from my pension so my son could buy a house
19 May 2025
The i Paper
Can you use your property to avoid inheritance tax? What you need to consider
18 April 2025
MoneyWeek
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