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Interest rates are finally rising for savers, but inflation can still reduce value in real terms

Interest rates are finally rising for savers, but inflation can still reduce value in real terms

by Bill Marshall | 9 Nov 2022 | Financial Planning

As interest rates start to rise for the first time in more than a decade, a report suggests that savers are pulling their money out of investments in favour of cash accounts. But while the interest rate may be higher now, inflation can still reduce the value of your...

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Marshall Pension & Financial Planning Ltd is authorised and regulated by the Financial Conduct Authority. FCA Registered no: 781168. Company registered in England and Wales. Registered no. 1077011. Registered Address: 3 Marden Avenue, Cullercoats, North Shields NE30 4PB. © 2025 · All Rights Reserved · Website by R2A
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