Altmann: Bring back inflation-linked certificates for over-50s

The Saga Group director general says pensioners and savers have been the "innocent victims" of recent monetary policy and, while inflation remains well above target, has criticised the lack of action on interest rates. She believes inflation-linked certificates, which were withdrawn by NS&I last July after proving to be too popular, should be issued to over-50s. Altmann says: "Savers lose out as inflation erodes their income. If interest rates do not keep up with rising inflation, savers' incomes will keep falling in real terms. "Government should bring back inflation-linked certi...