Move out of sterling?

Cook_County

nrsql wrote: »

Up to £15,000 per issue - the 3yr and 5 yr are different issues.
You can take it out including monthly index changes after the 1st year.
Each year the value of the certificate is fixed and won't fall below that (+ % above index).

But it carries the risk of being entirely Sterling denominated which is what the OP was worried about at the start of this thread...

Can one buy Euro denominated index linked inflation proofed bonds somewhere?

tradetime

Cook_County wrote: »

Can one buy Euro denominated index linked inflation proofed bonds somewhere?

Not as easy as the NS&I certs, as you need a broker, but this is the only thing I can think of offhand.
iShares € Inflation Linked Bond

trenchwars

gozomark wrote: »

the BoE didn't have an inflation target then, plus it wasn't independent

True, but there's no guarantee that they will continue to target inflation. They may decide that keeping everyone's loan repayments cheap is more important than keeping inflation low.

Plus there are fewer and fewer banks around, therefore less competition to attract savers, therefore lower rates.

gozomark

The BoE can't change the target - the govt could change the BoE's objective, but why do it ? The impact on the £ and UK's external funding costs would be massive

there are fewer and fewer banks around, therefore less competition to attract savers, therefore lower rates. - that is likely to be true whether inflation is high or low