Index linked savings certificates

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peter herke peter herke
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Index linked savings certificates

A few financial writers have over time pointed out that to the average tax payer by far the best savings instrument are the index linked Natinal  Savings certificates currently yielding 6% TAX FREE- even non tax payers can't beat that with any other form of deposit.

But now with the focus on CPI/RPI and RPI no longer used to caculate state pensions
( because the budget can't afford it) what has the treasury , who owns NS&I,  done?
Withdrawn the current  Issues.

And when you ring them they can't tell you if or when another issue will be available.
So much for openness and ' all working together 'to get out of this mess.
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