ROS ALTMANN COMMENTS ON QE DAMAGING SAVINGS AND PENSIONS

Ros Altmann, Director-General of Saga: "The Bank of England's policies have been a disaster for savers in general and pensioners in particular. Most of those with savings or pensions have seen their income decimated by policies that have tried to help borrowers and banks, at the expense of those who tried to put money aside for their future. Indeed, monetary policy has effectively imposed a 'stealth tax' on Britain's older generations.

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