'Inflation biggest risk to client income' - Baillie Gifford

Speaking during Professional Adviser's working lunches event series titled, Keeping it real - how to combat inflation and generate a sustainable income for life, Roberts advised delegates to be aware of small changes in inflation. "A pound today at the Bank of England's inflation target at 2% will lose half of its value in real terms in 35 years. "If inflation is just a little bit higher at 3%, it only takes 25 years to halve its real value. These are precisely the timeframes that people in retirement need to think about. That shows how important it is to hold those assets which can h...