“Inflation: UK prices soar at fastest rate for almost ten years”

Nov 19, 2021 | Economy

An independent (financial adviser’s) view

Interestingly, most who ask me about this aren’t necessarily worried about it, but are worrying whether they should be worried about it. That depends where you are in the income and assets chain. As always, those at the top end, and those living on income from investments will remain as comfortable as ever. Investment returns generally inflate with inflation and the more you earn and spend, the more wriggle room you have. If most of your wage or benefits are spent to survive, survival becomes more difficult. The rich get richer, the poor get poorer, twas ever thus…

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“Record year for annuity sales driven by advisers”

“Record year for annuity sales driven by advisers”

I was asked this week whether annuities are now ‘a good investment’. They’ve been recommended very rarely in recent years, since ‘pension freedoms’ allowed pretty much unlimited drawdown on pension funds and anything left to be passed on to beneficiaries free of Inheritance Tax.