Deep impact

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Inflation has a huge impact on people's retirement savings. Aston Goodey talks about the options available to advisers looking to maximise their clients' savings

How aware do you think people are of the impact rising inflation can have on their retirement savings? There's been a lot of coverage on rising inflation, but although rates have been more stable recently, to a large extent the present is irrelevant. We need to look ahead twenty or thirty years, and without a crystal ball, it's hard to predict tomorrow - let alone long term inflation. The most important thing is to be aware of how inflation affects particular consumer groups. Inflation rates for pensioner inflation runs at more than double our CPI measure of prices because the cost of g...

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