If there were to be a substantial rise in inflation, the real value of retirement benefits could be severely eroded. The question is; can DC members afford to ignore inflation? And is there anything they can do to protect themselves?
After 10 months on hold, the European Central Bank (ECB) cut its main policy interest (refinancing) rate from 0.75% to 0.50% as macroeconomic data continued to worsen in the eurozone.