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 has now launched new services for financial advice firms via its Adviser Helpline (0800 092 1228). For the first time, firms will have access to information on their clients’ NS&I holdings via the phone. This will significantly speed up the process of working with NS&I.
NS&I today announced that it intends to continue its commercial relationship with Matrix Capital to provide financial advisory services to the winners of the two monthly Premium Bonds £1 million jackpot prizes.