The effect of inflation on retirement incomes is a major concern for British pension savers, according to Lincoln Financial Group.
Falling inflation should provide some relief for those approaching retirement who may already have been hit by the falling value of their pension pot, but they should carefully consider their income options to hedge future inflation risks, the firm says. Research by Lincoln found 55% of those approaching retirement are concerned inflation will leave them unable to afford the lifestyle they want in retirement. With more than half of UK adults relying on a company or personal pension to pay for their retirement, Lincoln says it is important people know how to get the most out of their savin...
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