The takeover and buy-out boom of recent years has created wealth on an unprecedented scale. But the entrepreneur who sells a business faces a new challenge – how to find a suitable home for their newly acquired wealth, and how to find meaningful activities to fill the time at their disposal.

“People say they want to play golf every day or go and live in Spain for the next few years but fresh opportunities come along and the reality can be very different,” says Richard Algar, a director and head of Credit Suisse UK’s regional private banking team. “At first, they like the idea of retirement – but later decide they don’t.”