Elder Financial Abuse on the Rise as Population Ages

Elder financial abuse on the rise as population ages

As Canada's population ages, it's been estimated that over $1.1 trillion in assets is on the move from baby boomers to gen X and millennials as part of "the great wealth transfer." Despite many elderly Canadians having carefully arranged inheritance plans in place, seniors' advocates and f...

‘An underlying epidemic’: Elder financial abuse on the rise as population ages

As Canada's population ages, it's been estimated that over $1.1 trillion in assets is on the move from baby boomers to gen X and millennials as part of "the great wealth transfer."

Women are poised to inherit trillions in the coming decades. Will it give them more power too? - The Boston Globe

The great wealth transfer will disproportionately benefit American women, but it won’t solve gender inequality on its own.

Streamly Snapshot: What the Great Wealth Transfer Means for Banks and Fintechs

For decades, the idea of generational wealth transfer has been more of a long-term planning theme than a present-day priority. But that priority is beginning to change. With trillions of dollars moving from Baby Boomers to Gen X, Millennials, and Gen Z over the next two decades, banks and fintechs are staring down a pivotal question: how will they capture the attention and loyalty of younger, digitally native inheritors? In a recent Streamly int…