Me & My Money

Planning retirement to hedge against inflation

Finance veteran who saw the value of his dad's pension ruined prefers to turn to expert guidance

Mr Gary Harvey, the chief executive at St James’s Place Wealth Management here, believes in the importance of seeking objective financial advice from a professional. He has an adviser to handle his investment portfolio to match his risk profile, ti
Mr Gary Harvey, the chief executive at St James’s Place Wealth Management here, believes in the importance of seeking objective financial advice from a professional. He has an adviser to handle his investment portfolio to match his risk profile, time horizon and retirement objectives, while active management is left to fund managers.ST PHOTO: CHONG JUN LIANG

Finance veteran Gary Harvey takes retirement planning very seriously, something he has his father's bad experience to thank for.

"Inflation is a curse," says Mr Harvey. My father saw the value of his pension destroyed by inflation in the 1980s in a very short time.

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A version of this article appeared in the print edition of The Sunday Times on January 27, 2019, with the headline 'Planning retirement to hedge against inflation'. Subscribe