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Pension and inflation

  • 29-07-2022 11:00am
    Registered Users Posts: 492 ✭✭

    So, a little spooked with inflation and looming recessions, I've moved my pension to a cash fund.

    Am I correct that my pension-pot is now linked to inflation? e.g. if inflation is 8% over 12 months, my funds would grow by 8%, keeping up with indexation?

    Or am I wrong and having my pension in a cash fund would be the same as having cash under the mattress, slowly being depleted by inflation?