Tag Archives: NS&I

Premium Bonds – A good investment?

Premium Bonds – A good investment?

Premium bonds are an incredibly popular savings vehicle with over 21 Million bond holders and around £72 Billion ‘invested’. And yet, they really aren’t a savings vehicle at all. There is no interest rate although NS&I provide a guide ‘return’ of 1.4% (effective from 1st December 2017). But this return is in the form of […]

Junior ISAs – As simple as ABC

The Junior ISA is a tax free account aimed specifically at UK resident children under age 18 who didn’t qualify for a Child Trust Fund (CTF). This also includes children born before the CTF was introduced on 1 September 2002 to ensure that they don’t miss out. Like the CTF, the child will own the […]

Withdrawal of Savings Certificates

NS&I has withdrawn its Index-linked Savings Certificates and Fixed Interest Savings Certificates from general sale at close of business on 6 September 2011. The latest Issues of Savings Certificates have been on sale for almost four months (since 12 May 2011) and have been very popular during this time. At the outset NS&I assumed that […]

Unfair competition on risk-free interest rates?

NATIONAL SAVINGS Synopsis: Some National Savings & Investments (NS&I) rates have suddenly become competitive. We commented in an earlier posting that for 2009/10, NS&I´s agreed goal with the Treasury was to stand still, ie to balance inflows with outflows. This meant, in NS&I words, that it would continue ´to focus on balancing the interests of […]