Parents fret their kids will be poorer and have more financial stress

Most Irish parents believe their children will be poorer as adults and suffer more financial stress than they did, a new study shows.

A campaign by Irish Life reveals growing concern amongst parents for the financial legacy they will leave to their children.

The research, conducted on behalf of the insurance company by RED C, shows that two thirds of parents believe that, despite having lived through a recession themselves, their children will face even more financial difficulties than they have.