PA360: Advisers should use 'three-step inflation toolkit'

Onuekwusi (pictured) predicted the UK would see "a big tailwind of inflation" later on in this cycle, because the UK typically imports inflation when the price of goods goes up. "Inflation could actually reach double digits, particularly in the US, but also in the UK," he said, precipitated by the supply disruptions during the pandemic, the "huge demand shock" following unprecedented fiscal and monetary policy, and the energy and commodity crisis resulting from the war in Ukraine. To counter inflation's impact on client portfolios, Onuekwusi has said advisers could use three tools, na...