How advice firms and in-house investment committees are handling rising inflation

After a decade of sitting at somewhere near 2%, the UK's inflation rate has risen to 5.5% - a 30-year high. The trend shows no sign of abating and, according to the Bank of England, inflation is on course to rise above 7% this year, a figure last seen in 1990. Markets have also slowed. Global growth is projected to slow to 4.2% in 2022, according to IHS Market, down from around 5.6% in 2021. Recent economic headlines like these are likely to leave some clients feeling nervous, which could mean advisers are in for some tricky conversations with those who may wish to change their investmen...