How to protect your savings from inflation

With the Bank of England forecasting that consumer price inflation will top 3% before the end of the year, now may be the time for investors to think about inflation-proofing their portfolios. Here, experts reveal the best strategies - and funds - investors can use to combat the destructive impact of inflation: Tom Stevenson, investment director at Fidelity Worldwide Investment 1. Invest in equities In a modestly inflationary environment, equities are a good hedge against rising prices. This is because shares represent a real claim on a company's assets and its cash flows which ca...