Despite inflation being on a downward trajectory for most of 2012, many financial experts believe that a combination of higher food and energy prices, plus the effects of Quantitative Easing (QE), could mean that the rate of inflation starts to rise significantly as we move into 2013.
So, given that inflation erodes the buying power of fixed incomes, should would-be retirees be seriously thinking about buying an RPI linked Annuity?
How expensive is RPI linking?
Inflation proofing your income is important; after all, who want’s the buying power of their income to reduce? However, as the tables below show, buying an RPI linked ...