Saving government: Ian Ackerley, chief executive of National Savings & Investments

During the financial crisis, the UK government stepped in to nationalise some of the country's biggest banks; coming onto the public sector’s books, they joined a retail savings bank set up by the Treasury over 150 years ago. Matt Ross meets Ian Ackerley, chief executive of NS&I. Image courtesy: Brenna Duncan.

September surprise as Surrey and Hertfordshire celebrate newly crowned Premium Bonds millionaires

Big wins for big holdings this September Agent Million has paid a visit to Surrey and Hertfordshire to surprise two Premium Bonds jackpot prize winners with the £1 million windfall. Both of the September millionaires are big savers with more money invested into Premium Bonds than any previous jackpot winner from their regions. The first winner is a man from Surrey and the winning Bond number was 319ML537267. The Bond was purchased in January 2018 and has £41,595 invested in Premium Bonds. He…

NS&I MAKES CHANGES TO ITS FIXED-TERM PRODUCT RANGE AND ISSUES PROVISIONAL Q1 2019-20 RESULTS

NS&I’s 1-year and 3-year Issues of Guaranteed Growth Bonds and Guaranteed Income Bonds are no longer on general sale Interest rates on new Issues of Guaranteed Growth Bonds, Guaranteed Income Bonds and Fixed Interest Savings Certificates for customers with maturing investments will be reduced by 25 basis points across all terms NS&I delivers £2 billion of Net Financing and returned a Value Indicator figure of -£119 million in Q1 2019-20 NS&I is today (2 September 2019)…

NS&I gives aunts, uncles and family friends the chance to save for young children

Buying Premium Bonds for children and giving them an extra head start in life will become even easier for more adults, from today. Anyone aged 16 or over can now invest in Premium Bonds on behalf of children under the age of 16, meaning that aunts, uncles and family friends, as well as parents and grandparents, can now give children a gift to encourage a savings habit.

NS&I presents 'small advice firm of the year' to Hunter Aitkenhead & Walker at the Money Marketing awards

This year’s Money Marketing Awards celebrated some of the best advice firms and individuals in the advice industry, and NS&I were proud to sponsor an award: Small Advice Firm of the Year. This award looks to celebrate the success of small advice firms in their relationships with clients. Andrew Pike, Head of Intermediary Relationships at NS&I, said:

Good things come to those who wait: July’s Premium Bonds prize winners

People invest in Premium Bonds for many different reasons and many have had a long attachment with one of the country’s most popular savings products. Some invest to keep money safe for a savings goal, others for a bit of fun with the chance of winning tax-free prizes, while others keep their money in Premium Bonds for a considerable period of time in the hope of winning the jackpot prize. For one lucky person this July, that long-term hope has paid dividends as they are one of two people this…

NS&I Annual Report 2018-19: NS&I meets all targets and delivers for customers through 'Inspire & Invest' strategy

NS&I has met all 12 of its service delivery measures for 2018-19 : including delivering £10.8 billion of Net Financing to the Government and £12.8 million of Value Indicator savings to the taxpayer. Inspiring a stronger savings culture : nearly half a million Premium Bonds customers have opted to invest between £25 and £99 since the minimum investment amount was lowered from £100 to £25 in February 2019. Attracting younger customers : over 70,000 under 16 year olds have become new…

June delight as new Premium Bonds millionaires made in Hertfordshire and Kent

Two lucky Premium Bonds holders are celebrating the start of June with news of their success winning the £1 million jackpot windfall. Agent Million has hit the road to deliver the life-changing news to a winner in Hertfordshire and another in Kent. The county of Kent is currently experiencing a hot streak of Premium Bonds millionaires – with the third jackpot win in as many months.