The baby-boomer generation (those born between 1946 and 1965) control 80% of private wealth in the UK by some estimates. As they are now starting to retire, their financial objectives are changing, and they are starting to consider estate planning issues. However, they are faced with making provision for much longer retirements than any previous generation. This is where BPR comes in, allowing investors to mitigate IHT without giving up control of their assets or sacrificing growth. At the other end of the scale, BPR can help those baby-boomers whose parents are still alive but who have not made any…