Inflation Calculator

FOR ADVISER USE ONLY. NOT APPROVED FOR USE WITH CLIENTS.

Under the FSA's Treating Customers Fairly (TCF) initiative advisers have to give equal value to both benefits and risks of any recommendation. With Conventional Annuities people are happy to consider the Guaranteed income but how can an adviser quantify the risks of a conventional annuity? This tool will calculate the effects of future inflation based on the expected mortality of an individual and their assumed inflation rate. It is important to note that no allowance has been made for tax or charges. Mortality rates can be downloaded from the National Statistics website based on postcode. Personal inflation rates are also available. This tool is for adviser use only. It is not a projection and should not be used with clients.

For illustration purposes only

Terms of Use

1. In the Terms of Use 'The Software' means all software (excluding Microsoft Excel) and other materials contained within the Calculator.
2. Microsoft Excel is a registered trademark of the Microsoft Corporation.
3. Copyright and all other intellectual property rights in respect of The Software is, and shall remain at all times, in the ownership of Prudential.
4. The Software shall be for your own use and shall not be given, sold, loaned to or allowed to be used by any person not employed by or contracted to you.
5. You may make one copy of The Software for security back up purposes. These conditions shall apply to any copy made.
6. You must not decompile, reverse engineer or otherwise tamper with The Software contained within the Calculator.
7. We may, from time to time, issue amended or updated versions of The Software. Should this occur, this will then become the current version of The Software at any time.
8. Prior to release of this tool, we have carried out virus checks using up-to-date virus-checking software. We do however recommend that you carry out such checks as you consider appropriate prior to using this Calculator. We cannot be held responsible for any loss or damage caused by the continued presence of a virus which has not been deteced by the virus checking software.
9. The Software has been prepared in accordance with our understanding of the Guidelines of the Financial Services Authority and current HM Revenue & Customs legislation and practice, as at May 2008, all of which is liable to change without notice.
10. We have applied care and skill to produce The Software to a professional standard. However, we cannot guarantee that The Software is free of errors or omissions, nor can liability be accepted for any losses, howsoever incurred, arising from the use of The Software.