At NS&I we have a strong heritage and legacy, built up over more than 150 years. While our legacy includes a strong and much-loved brand, and 25 million customers, it also includes paper-based processes and IT systems developed in a time before digital as we now know it.
As confirmed in today’s Autumn Budget (29 October 2018), NS&I has announced several future enhancements to Premium Bonds, which will encourage a stronger savings habit and boost the opportunity for young people to save.
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.
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.