Below I share four reasons why I believe Financial Planners should be focusing more on client philanthropy and the benefits it can bring, writes Progeny Financial Planner Richard Gilham.

Financial Planners need to improve their knowledge of philanthropy, with just 5% confident about advising clients in this area, according to a new report.

Almost £15bn in large £1m+ gifts has been donated by individuals, foundations and corporations over the past decade since the financial crisis, according to wealth manager Coutts Million Pound Donors Report.

Facebook founder Mark Zuckerberg’s pledge to donate the equivalent of $45 billion of his company’s shares will give a significant profile boost to philanthropy, an executive director at Coutts says.