Pension and tax relief - dumb question!

[noTAGlove]

I'd imagine as interest rates go down markets will go up

But who said interest rates are going down?

If you are going to quote long term returns from the stock market, then equally be aware that interest rates over the same term averaged over the current BoE base rate of 5.25%.

1% interest rates for a decade-plus was an anomaly.

Low interest rates have been a disaster for the young and concentrated wealth purely into the asset rich. I hope we never see interest rates that low again.



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[Passenger]

But who said interest rates are going down?

If you are going to quote long term returns from the stock market, then equally be aware that interest rates over the same term averaged over the current BoE base rate of 5.25%.

1% interest rates for a decade-plus was an anomaly.

Low interest rates have been a disaster for the young and concentrated wealth purely into the asset rich. I hope we never see interest rates that low again.



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You´re right to say it was an anomaly, a disaster for savers too. I´m also hoping we don´t see it again, leastways not in the short term.