Inflation may have held steady at 2.7% in the final month of 2012, but this year it is expected to rear its ugly head once more as the impact of falling sterling pushes up import costs.
Investors used to a benign inflationary environment can no longer rely on their savings accounts to produce an inflation-beating return, unless they want savings to be eroded over the long term. Adrian Lowcock (pictured), senior investment manager at Hargreaves Lansdown, has picked three funds which he expects to help protect investors if inflation does shoot higher this year. Equity Income In the last 3 years Equity Income has managed to beat inflation, growing 36.47% compared to the 13.21% RPI has eroded the value of money. As such, it is a natural choice for investors looking t...
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