NS&I is facing a significant issue with nearly £500 million owed to bereaved families due to operational failures. The organization is working to rectify the situation.
National Savings and Investments (NS&I) is preparing to repay hundreds of millions to customers affected by historical failings. This marks a significant moment for the institution.
National Savings and Investments (NS&I) is facing increased scrutiny due to rising complaints and criticism over its handling of bereaved families' funds.
National Savings & Investments has revealed cuts to the Premium Bonds prize fund rate and odds of winning, effective from April 2026, affecting millions of savers.
National Savings and Investments has announced a reduction in Premium Bonds prizes and the prize fund rate, affecting the odds of winning for bondholders.
NS&I has cut the Premium Bonds prize fund rate from 3.6% to 3.3%, reducing total prize money and altering winning odds. This change affects millions of savers.