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Evening Standard
Evening Standard
Vicky Shaw

One in eight high earners with no inheritance ‘trapped by financial outgoings’

Killik Co Anxiety
The majority of high earners with no parental wealth to fall back on think only a year ahead when planning finances, Killik & Co said (Gareth Fuller/PA Archive) - (PA Archive)

One in eight (12%) people with a salary over £100,000, but with no parental wealth to fall back on, feel “trapped” by their current financial commitments, a survey has found.

More than two-fifths (44%) do not feel that they are able to comfortably meet their financial commitments each month, according to the research commissioned by wealth manager Killik & Co.

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