I hope the new addition to the Monetary Policy Committee (MPC) Mr Ian McCafferty will end the debasing of Sterling by letting the British Government off the hock with their economic mismanagement with Quantative Easing (QE). QE has been a huge factor in the inflation rate being higher than the savings rate. Older hard working and responsible people who saved are bearing the brunt of this complete failure in public policy. As an Independent Financial Advisor (IFA) in London I am frequently asked about how to beat the inflation rate whilst still investing in low risk investments. I hope we return to a position in the near future where savings rates exceed the Retail Price Index (RPI) measure of inflation. rnrnIf you are based in or around London and you would like to discuss your investments with an IFA, Wexdon Financial Services and Independent Financial Advisors offer a free initial appointment to discuss your needs.rnrnThis information is intended to provide a general review of certain topics and its purpose is to inform but not to recommend or support any specific investment or course of action. The tips may not apply, or be suitable, to everyone and you should contact us for advice if you are unsure whether this is the case.rn
