inflation

To beat inflation, turn to investment trusts

The minimum aim of every investor should be to ensure the returns they receive from their investments are above and beyond the rate of in­flation, and on this front investment trusts more than hold their own, research by Money Observer has found.

We looked at annualised returns for investment trusts over the past 20 years and pitted them against in­flation in the shape of the retail prices index (RPI), which over the period has risen by an average 2.5% per year.

Triple lock kicks in for inflation-busting rise in 2019 state pension

New figures from the Office for National Statistics today revealed that inflation fell from 2.7% in August to 2.4% in September.

The level of the state pension rises every year by the highest of 2.5%, growth in earnings or Consumer Price Index (CPI) inflation. This is thanks to the 'triple lock' guarantee, which has given retirees' incomes a strong boost since it was first introduced.