Savings
Ensure your savings are inflation-proof
Rises in the cost of living begin to eat away at your savings if you have your money stowed away in a relatively low-interest savings account.
For example, the Retail Price Index – a measure of inflation - was at 4.4% in August 2008, which means many savings accounts were in real terms, not growing after the interest earned on their deposits were taken into consideration.
Use our quick calculator to see how your existing savings are affected by inflation.
Use our savings growth calculator to find out how your savings could grow over time.
Speak to one of our Independent Financial Advisers today to discuss which options are available from the market place to inflation-proof your savings. Click here to arrange a call back, visit one of our branches or call 0845 300 2511.
