Prudential warns on danger of 'silver inflation'

Jenna Towler
clock

Inflation would slash pensioners' income by 60% over a 20-year retirement if they took fixed benefits today, Prudential analysis reveals.

The life and pensions firm said the average 2011 retiree can expect an annual income of about £16,600 - but if that remains fixed it would be worth only £6,700 in today's money by 2031. It said ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Pensions minister unveils People's Partnership redesigned headquarters

Pensions minister unveils People's Partnership redesigned headquarters

Provider unveils newly refurbished offices with visit from pensions minister Torsten Bell

Martin Richmond
clock 13 March 2026 • 2 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

M&G results, PPF appoints acting CEO and Lords salary sacrifice amendments

Professional Pensions
clock 13 March 2026 • 1 min read
Collegia Pension breaks even four years after launch

Collegia Pension breaks even four years after launch

Combined AE and personal pension provider now has in excess of 40,000 members

Jonathan Stapleton
clock 13 March 2026 • 1 min read
Trustpilot