NS&I’s latest edition of its Financial Advice Barometer indicates that while security remains the top priority for advisers’ clients (55%), there has been a drop of 10 percentage points, from 14% in January 2018 to 4% in April 2018, in those citing income (regular and consistent returns) as the most important priority.
Two lucky Premium Bonds holders, from Essex and Northamptonshire respectively, have scooped September’s top prizes toasting the end of summer with a £1 million tax-free prize.
The pair become the 393rd and 394th Premium Bond holders to scoop the jackpot since the £1 million prize was introduced.
Capital gains: A look back at Agent Million’s trips to the big city
The 49th and 50th Premium Bonds jackpot winners from London were announced in August 2018 – the first time that the capital had been home to both top prizes in a single month.
There were a number of other statistics that caught our eye, so here’s an overview of some interesting numbers from the last 24 years of jackpot joy for the capital.
On 1 July 2018, Agent Million made their first trip to Wales in two years – and specifically the first to South West Wales in nearly three. Here are some lesser-known facts about Premium Bonds wins in the area.
Delivering cost-effective debt financing to the Government remains NS&I’s core objective. At the March 2017 Budget, our Net Financing target for 2017–18 was set at £13 billion (in a range of £10 billion to £16 billion).
NS&I is reducing the interest rate on its Direct ISA by 25 basis points from 1.00% tax-free/AER to 0.75% tax-free/AER from 24 September 2018. The decision to reduce the interest rate on Direct ISA was taken in order to deliver positive value for taxpayers.