Strategy & economics

How baby boomers will affect global wealth

Lord Willetts, former minister and author of The Pinch, offers valuable insights on the relationship between baby boomers and the economy.

18/05/2017

Lord Willetts

Lord Willetts

Executive Chair

Resolution Foundation

Lord Willetts, a minister in the Coalition government, became a leading voice on the intergenerational debate when in 2010 he published The Pinch: How the baby boomers took their children’s future – and why they should give it back.

At our annual private client conference – A New World Disorder? – held in May, Lord Willetts said he had detected a change in the attitude of baby boomers – those born between 1945 and 1965 – on key generational issues.

In this video, he highlights some of the insights in his conference speech, including the impact of demographics on the global economy, the looming problem facing China and his amusement at the number of millennials who gift his book to their parents.

This article is issued by Cazenove Capital which is part of the Schroder Group and a trading name of Schroder & Co. Limited, 12 Moorgate, London, EC2R 6DA. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. 

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