Laura Whitcombe

The bank of grandma and grandad is ring-fencing its cash

Do you trust your grown-up children with money? Apparently a lot of us don’t. More than half of the grandparents who plan to leave an inheritance to their grandchildren ring-fence the money so their own children can’t get their hands on it, according to data from insurer Sun Life.

But is it any wonder? British adults have become addicted to debt.

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