We live in less interesting times

clock

Arecent edition of Countryfile looked at the rural elderly and the issues specific to them, such as mobility, access to care and support etc. It also mentioned very briefly, the actual inflation rate affecting individuals and couples in this category.

You may or may not be aware but there is actually a separate pensioner RPI measure published by the Office of National Statistics www.statistics.gov.uk. The December 2009 headline RPI figure was 2.4% per annum which as is often the case was lower than that for the Pensioners Index which stood at 2.6% per annum for two pensioner households. Whether higher or lower, this pensioners’ rate does highlight that different inflationary pressures affect pensioners than the majority of the population. Not so interesting. What I do want to look at is how the current low interest rate is affectin...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Advisers no longer see inflation as a major concern

Advisers no longer see inflation as a major concern

Funds offering a level of inflation protection were the last research, Square Mile finds

Isabel Baxter
clock 22 October 2024 • 4 min read
Advisers turn to smoothed funds to help manage volatility threat

Advisers turn to smoothed funds to help manage volatility threat

Decreasing exposure to equities also a popular strategy

Isabel Baxter
clock 26 March 2024 • 1 min read
Examining the 60/40: Building diversified portfolios in 2023

Examining the 60/40: Building diversified portfolios in 2023

Advisers have a lot to consider when it comes to portfolio diversification

Charlotte Moore
clock 14 April 2023 • 6 min read