Young People's Wealth More Reliant On Inheritance Than Ever Before, Claims New Study

 Young people’s wealth depends more on their parents than ever before, according to a new report published today.
The Institute of Fiscal Studies (IFS) today claimed that those earning high salaries are more likely to receive a sizable inheritance than those on lower wages.
Together with a drop in home ownership and stagnation in wages, it means most wealth accumulated by young people actually comes from inheritance, not their own hard work.
The study comes just two months after the