If at some point near retirement the pound strengthens what do we do?

Le posteur se demande comment mitiger le risque de change pour ses pensions et SIPPs en cas de fluctuation du taux de change entre la livre sterling et le dollar américain. Un commentaire suggère de rééquilibrer son portefeuille vers des actifs mondiaux.

I was thinking back to when I was a kid and everyone going on holiday to florida would talk about getting 2 usd per £1. Looking on Google, I see it's a long time since it was any where near that and there's a definite past trend, but I can't help but wonder, what about if in a decade or 2 it's at $1.50 per gbp, or worse. What's the most reasonable way we can mitigate some of this currency risk? Thanks Edit :just to be clear, this is a question about pensions/sipps, not about holidays!ty