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Criminal mob dumps most of Eric 'n Ernie's output - for this? (7,5)

Ross

I believe the answer is:

premium bonds

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'ernie's output for this?' is the definition.
I know nothing about this answer so I cannot tell whether this works.

'criminal mob dumps most of eric 'n' is the wordplay.
'criminal' is an anagram indicator.
'most of' means to remove the last letter.
'eric' with its last letter taken away is 'eri'.
'mob'+'dumps'+'eri'+'n'='mobdumpserin'
'mobdumpserin' with letters rearranged gives 'PREMIUM BONDS'.

Can you help me to learn more?

(Other definitions for premium bonds that I've seen before include "investments" , "Government securities that enter the holder for monthly cash prize draws" , "Investment" , "Connery and Craig in the minds of many?" .)

I've seen this clue in The Independent.
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