Quote:
Originally Posted by Damien
Yes so long as you have limited exposure to the UK. In the immediate aftermath of Brexit my pension increased in value because of the drop in the pound. Again if the market is in the US then the fall in the pound means those dollars buy more pounds - the GBP value will increase.
It's not all one-way though you can't keep seeing your pension gain because of that because the increased value will be eroded away by the subsequent inflation.
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That depends on how much inflation there is but yes these things go up and down - just ask those whose pension pots were wiped out a decade ago. Just like me, they know the sad reality only too well.