Results

The Chancellor of the Exchequer has appointed two new Non-executive Directors to the Board of National Savings and Investments (NS&I), the government backed savings and investments provider.

John Prout has been appointed Sales Director of NS&I, and took up his position on Monday 4 August. It is the first time NS&I has had a separate Sales Director, and John will also be a member of the NS&I Board.

Investors gain if stock market rises or falls with new 75% participation or 15% minimum return GEB from National Savings and Investments

More than £300 million has been invested by customers in NS&I Guaranteed Equity Bonds since they were first launched in 2002.

The Finance Bill 2003 published today (16 April 2003) includes a number of provisions which will help NS&I to continue to modernise by allowing it greater freedom to meet the demands of UK savers and investors.

NS&I, the government-backed savings and investments provider, has become one of the latest subscribers to the new version of the Banking Code — the voluntary code of practice designed to set standards for personal finance providers and help protect customers — which comes into force on 1 March 2003.

A brand new online service to help consumers find their local independent financial adviser (IFA) has been launched by NS&I, the government-backed savings and investments provider.

Alan Cook is to take up his appointment as Chief Executive of NS&I today, Monday 30 September.

National Savings and Investments (NS&I) has this week launched its enhanced website at www.nsandi.com which features a host of new services for customers and marks another stage in NS&I's business transformation.

Today, National Savings, the Treasury-backed savings and investment provider, reveals a new name and corporate identity (see above right) to reflect its business transformation programme.