Inflation can be useful to those who have debts because the real value of the debt decreases over time. But for the same reason, savers and those who rely on income from savings in retirement can find inflation having a terrible impact on their standard of living.
We advise clients on the impact of inflation and how to reduce its effects either by securing guarantees or taking out investments that offer some protection against it. There is a delicate balancing act to be achieved in weighing up the cost of a guarantee against the risk of investing in assets that have historically protected against inflation.
As with all advice, we consider our clients objectives and risk tolerance, and make sure that they fully understand the pros and cons of a certain course of action before they commit.
Get in touch and we can help to put you in touch with the Planner who is right for you. There are many ways you can contact us. Call or email for general enquiries, for something more specific use our enquiry form.