Over the next few decades it is estimated that trillions of pounds will pass from one generation to the next: primarily from baby-boomers, who have ridden the wave of rising asset prices to their millennial children, who haven't always been as lucky.

But ever since the pension freedom reforms of 2015, the big worry many savers have had is how they can turn their pension savings into an income so they can enjoy themselves in retirement.

So what role does the pension have in the intergenerational wealth transfer? How can advisers help their clients make sure there are no nasty surprises on death? And what role does the adviser have in working with the whole family?

In this edition of the FTAdviser In Focus podcast, Damian Fantato is joined by Gareth Davies, pension specialist at Scottish Widows, and Heather Owen, paraplanner at Quilter, to discuss these questions.

The FTAdviser Podcast is the weekly podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by guests from the industry to discuss the week in news and pressing industry issues.

The FTAdviser Podcast is designed to inform regulated UK advisers on a range of topics, covering investments, pensions, regulation and other key issues.

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