It is said the only two certainties in life are death and taxes. Sometimes in investment there are no certainties at all. The herd has a view. It is right, until trends change, when it is often wrong.
It seems likely 2011 will have two trends that are not great news for pension investors. Interest rates are likely to go up. Price rises are likely to prove obstinate to control. The year has begun...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date