What does sticky inflation mean for world economies?
Firms will ‘need to act to mitigate the effects of an inflationary environment’
Inflation
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Retail investors need to start thinking ‘outside of the box’
Schroders’ Keith Wade believes that inflation is set to become much more of a problem over the next decade
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Inflation drives cost of retirement up 20%
Clients may need to rethink their financial plans for later life
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BoE split as majority vote to raise interest rates to 3.5%
Two committee members backed no change, while one favoured a 75bps rise
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HNW clients fret over recession threat
Wealthy investors are in a ‘state of paralysis’ but it is ‘not the time to shy away’
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Eye-watering inflation will widen advice gap
Advisers have identified it as the ‘single biggest challenge’ they currently face
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Interest rate rises force investors to turn to advisers
Expertise and experience of financial professionals is ‘crucial’ during turbulent times
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Triple lock earnings component set at 5.5%
As industry awaits the September CPI figures to confirm next year’s state pension increase
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Sky-high inflation risks British Steel victims being short changed
‘Based on the current methodology, the higher the rate of gilt yields then the lower the redress will be’
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Record high inflation pushes UK investors into alternatives
Younger clients at the forefront of those seeking assets such as private equity, commodities and real estate
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Drop in adviser demand for inflation protection products
But they have looking at strategies to combat environment of tightening interest rates
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Brits bemoan sleepless nights over rising inflation fears
But advised clients more confident their finances will hold up against cost of living crisis