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The Importance of Succession Within Rural Wales

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Host Carwyn Jones is joined by Karen Anthony, Associate Solicitor at Agri-advisor, Abi Reader, Deputy President, NFU and Charles de Winton, Rural Surveyor at the CLA to discuss how succession planning is an essential part of running a family farm business and why the biggest long-term threat to any family farm, is the lack of a robust succession plan.

With an average age of UK farmers now at 59 years, succession is critical to a farm’s longevity. It has also shown that the concept of retirement can have a very different meaning for farmers than for those in other occupations.