Changes to the Board of NS&I announced
Technology and IT expert Jill Lucas has been appointed as a Non-Executive Director to the Board of NS&I, the Economic Secretary to the Treasury announced today.
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Our performance
In 2017/2018
83.5
Our customer satisfaction score
100
We met or exceeded all of our nine Service Delivery Measures
£229 million
We were over £200 million more cost-effective in raising money for Government than via alternative methods
30 million
Premium Bonds prizes – more than any previous year
So far in 2018/2019
Net Financing target tracker (Q2 2018-19)
NS&I raised £2.5 billion of Net Financing in Q2 (Jul-Sep) 2018-19.
The overall Net Financing target for 2018-19 has been revised to £9 billion (+/- £3 billion), as confirmed in the Autumn Budget.
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Latest news
Invest in Premium Bonds with just £25
NS&I have today (1 February 2019) reduced the minimum initial investment for Premium Bonds from £100 to £25. This is the first time in the 63 years since Premium Bonds launched that the minimum investment has been lowered, and it is the lowest minimum purchase since 1993. The change will allow adults over the age of 16 to purchase or set up a standing order for a minimum of £25, or gift at least £25 to their children or grandchildren.
Latest research
NS&I reveals 7 million people in Britain admit to losing track of financial products
While losing money is common, with those prone to misplacing things often finding spare change in pockets (66%), bags (37%) and drawers/cupboards (34%), new research from NS&I reveals that 14% of Britons (7 million people) think they may have lost track of a financial product, highlighting the staggering amount of money left dormant with UK financial services providers.
And it’s not just savings accounts, with a fifth (20%) admitting there is a possibility that they have lost track of a pension.
Read the full story