Tackling the real impact of inflation on retirement income

clock

Vanessa Owen looks at the effect inflation can have on a retirement income

In our world we acknowledge the risk of inflation is a significant threat to a comfortable retirement. Indeed, over half (55%) of people over 50 and approaching retirement say they are concerned about the rising cost of living. However the real impact that inflation will have on retirement income seems to have been overlooked with only one in four (26%) claiming to have considered its impact on their retirement income in the future*. The Bank of England has been targeted with achieving a 2% inflation rate and recent data showing that the rate has dropped to its lowest in over a year i...

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 Income

Why annuities are back on advisers' agendas

Why annuities are back on advisers' agendas

'Another factor bringing annuities back into focus is the evolving tax landscape'

Ahmed Bawa
clock 24 March 2026 • 4 min read
Just guaranteed income for life sales soar amid adviser demand

Just guaranteed income for life sales soar amid adviser demand

Reports IFRS loss before tax of £118m for 2025

Jen Frost
clock 27 February 2026 • 2 min read
Record-breaking year for annuities as larger pots drive £7.4bn sales

Record-breaking year for annuities as larger pots drive £7.4bn sales

ABI figures for 2025 at highest level since 2014 pensions freedom bombshell

Jenna Brown
clock 12 February 2026 • 3 min read