Latest news

Premium Bonds, the fun yet secure investment that gives savers the chance to win £1 million or any of the other one million tax-free prizes awarded every month, can now be bought online at www.nsandi.com following major redevelopment of the NS&I website in January.

The Financial Secretary to the Treasury, Stephen Timms, has appointed Paul Spencer as the new chairman of the board of NS&I, the government backed savings and investments provider, from 1 January 2005.

NS&I, the government-backed savings and investments provider, has won two awards at the Institute of Financial Services (ifs) Financial Innovation Awards 2004, including the coveted Grand Prix award for outstanding innovation and achievement.

NS&I is introducing a new look Premium Bond certificate from today. The result of customer feedback, the new look Bond combines the investment confirmation letter and certificate, meaning customers only need to retain one document.

A new hassle-free savings scheme which will allow people to invest in Premium Bonds by standing order is to be launched by NS&I on Monday 18th October.

In the same week National Savings and Investments launches another of its FTSE 100-beating guaranteed equity bonds, the government-backed savings and investments provider today announces its annual results and publishes its Annual Report and Accounts for the year to 31 March 2004.

Investors are being given a second opportunity to see their savings outperform the FTSE 100 index with the launch of another Guaranteed Equity Bond from NS&I.

National Savings and Investments (NS&I) today launched ERNIE 4 (Electronic Random Number Indicator Equipment) at the Science Museum, London, bringing all four generations of ERNIE together for the first time.

The Ordinary Account has now closed and customers will not be able to make further deposits or withdrawals, says NS&I. In December 2003, NS&I began announcing changes to the Ordinary Account and launched the Easy Access Savings Account in its place in January 2004.

New Guaranteed Equity Bond from National Savings and Investments offers 110% of any growth in FTSE 100 index with complete capital protection.