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NS&I today announced its annual results for the year to 31 March 2013.

NS&I today announced that it was reducing the annual Premium Bond prize fund rate by 0.20% to 1.30%1 from 1 August 2013. The odds of each £1 Bond number winning a prize will change to 26,000 to 1 from 24,000 to 1.

NS&I Government Payment Services has today announced its third contract, taking over payments processing and related services for the Home Office’s in-country immigration service.

For the July 2013 draw ERNIE paid out over 1.9 million prizes, together amounting to over £57 million in value. There were 45,679,465,864 eligible Bond numbers in the draw.

NS&I today announced that it was reducing the interest rate on its Income Bonds to 1.25%, its Direct Saver to 1.1% and its Direct ISA to 1.75%.

There has been an increase in the number of people who will use at least some of their annual ISA allowance, according to new research from NS&I.

For the June 2013 draw ERNIE paid out over 1.8 million prizes, together amounting to over £56 million in value. There were 45,431,015,289 eligible Bond numbers in the draw.

On 25 May 2013, the NS&I Cash ISA and T Cash ISA (formerly TESSA-only ISA) closed and any customers who still had money invested were automatically transferred to our Direct ISA.

NS&I today announced that Atos has been awarded an outsourcing contract to deliver customer-facing and back office services to NS&I’s 25 million customers.

NS&I’s latest Quarterly Savings Survey has revealed that just under a third of Britain’s adults (31%) do not know how they will finance their needs in later life, including such eventualities as long-term illness, nursing home or care fees and care of others including partners, parents and siblings.