Industry news and views from Panacea and our partners.
NS&I
NS&I: New ways of working, one easy way to manage your clients' NS&I portfolios
Since the pandemic, everyone has had to adapt to different ways of working. The financial advice industry is no exception.
NS&I: The building blocks towards a trusted relationship with your clients
There has always been an assumption that the best working relationships are often formed in person. However, during the pandemic, many within the advice industry have started to question this simple statement.
How NS&I can help you build a trusted relationship with your clients
There has always been an assumption that the best working relationships are often formed in person. However, during the pandemic, many within the advice industry have started to question this simple statement.
NS&I: A more digital future for advice firms and NS&I
All these enhancements have been leading up to the launch of NS&I?s dedicated online service which, for the first time, allows financial advice firms online access to view their clients? NS&I holdings online.
Stop looking for that missing piece of your clients’ portfolio
The four pillars of any financial portfolio are equities, bonds, property and cash. So why is it that cash as an asset class, has so often been overlooked previously within the financial advice industry?
NS&I: Financial advice needs the full picture
Advice firms have always been quick to praise NS&I for their 100% security promise and their unique products like Premium Bonds.
NS&I present 'small advice firm of the year' to hunter aitkenhead & walker at money marketing awards
This year’s Money Marketing Awards celebrated some of the best advice firms and individuals in the advice industry, and NS&I were proud to sponsor an award: Small Advice Firm of the Year. This award looks to celebrate the success of small advice firms in their relationships with clients.
NS&I launches new online service for financial advice firms
NS&I has confirmed that it has launched a new online service for financial advice firms. Firms now have secure online access to information on their clients’ NS&I holdings for the first time, via a purpose built portal, designed and delivered to meet growing adviser expectations of NS&I.
NS&I: Agent Million gives two lucky Premium Bonds holders from Kent and York a bank holiday weekend to remember
What would you do with £1 million? That’s a question two lucky winners are going to have to answer as Agent Million visits both Kent and York to deliver May’s Premium Bonds jackpot prizes.
NS&I: Agent Million celebrates 25th anniversary of the £1 million jackpot prize with visits to Warwickshire and Kent
1 April celebrates another Premium Bonds milestone as it has been 25 years since the £1 million jackpot prize was introduced.
NS&I to release new issues of Guaranteed Growth Bonds and Guaranteed Income Bonds from 1 May 2019 with revised terms and conditions
The current interest rates, and the holding limit of £10,000 for both Guaranteed Growth Bonds and Guaranteed Income Bonds, will be unchanged.
NS&I: Creating the savings habit of a lifetime: Parents kick start savings for 21 million Brits
NS&I research has shown the enduring influence of our parents on building long term savings habits and the financial as well as emotional bonds between the generations.
NS&I increases interest rates on ISA products
NS&I has announced that it is increasing interest rates on both its Junior ISA and Direct ISA. Interest rates paid on Junior ISA will be increasing by 75 basis points from 2.50% AER to 3.25% AER.
NS&I: Invest in Premium Bonds with just £25
NS&I have reduced the minimum initial investment for Premium Bonds from £100 to £25. This is the first time in the 63 years since Premium Bonds launched that the minimum investment has been lowered, and is lowest minimum purchase since 1993. The change will allow adults over the age of 16 to purchase or a set up a standing order for a minimum of £25, or gift at least £25 to their children or grandchildren.
NS&I adviser survey reveals security and liquidity are driving behaviour
The latest edition of NS&I’s Financial Advice Barometer shows that security remains the top priority for advisers’ clients. 42% of respondents chose this option in the October 2018 survey.
The New Year starts with a bang in London and Croydon as ERNIE makes the first two Premium Bonds millionaires of 2019
Two lucky Premium Bond holders have started the New Year in the best possible way by landing the jackpot prize of £1 million - thanks to a little help from NS&I’s random number generator, ERNIE.
Revised NS&I Net Financing target for 2018-19 and provisional Q2 2018-19 results
The Autumn Budget has confirmed that NS&I’s Net Financing target for 2018-19 has been revised to £9 billion (in a range of £3 billion either side of this, from £6 billion to £12 billion). NS&I’s original target for 2018-19 was £6 billion (in a range of £3 billion either side of this, from £3 billion to £9 billion).
NS&I confirm Index-linked Savings Certificates to move from RPI to CPI
Customers will continue to benefit from inflation beating returns, tax-free interest and the 100% security that comes with NS&I products.
NS&I launches new phone services for financial advisers
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.
1 in 3 Britons are unaware of how to trace a lost financial product, as NS&I reveals 7 million people admit to losing track of their finances
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, highlighting the staggering amount of money left dormant with UK financial services providers. And it’s not just savings accounts, with a fifth (20%) admitting there is a possibility that they have lost track of a pension.
NS&I 2017-18 Annual results
NS&I delivered £9.8 billion of Net Financing and £229 million of Value Indicator savings to the taxpayer in 2017-18
NS&I: June 2018 Premium Bonds prizes
A man from Hereford and Worcester, and a woman from Essex are celebrating the first official day of Summer as they have scooped the £1 million jackpot prizes in June’s Premium Bonds draw.
NS&I: Latest Advocacy Survey Results
A recent NS&I survey has revealed that our advocacy score amongst financial advisers is now up to 8.5 out of 10 in response to the question “How likely are you to recommend NS&I to your clients?”
NS&I Third Premium Bonds jackpot win for Wiltshire in 2018, while Barnet strikes it lucky for the first time in eight years
Two women from Wiltshire and Barnet have had a May Day to remember as they have scooped the £1 million jackpot prizes in May’s Premium Bonds draw.
NS&I survey reveals most financial advisers are willing to advise on portfolios of £50,000 or under
70% of advisers would advise on investment portfolios of £50,000 or less Almost three quarters (71%) of Britons wouldn’t think about consulting a financial adviser unless they had £25,000 or more, but nearly 2 in 5 advisers (38%) would advise on a portfolio of £25,000 or less Only 15% of under 24s currently use a financial adviser but a third (33%) said they would be likely to in the future Market volatility drives increase in popularity of cash deposit products Advisers and consumers align on security as top priority for savings, with NS&I 100% guarantee featuring strongly
NS&I launches new phone services for financial advisers
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: Sometimes you wait a little, sometimes you wait a while longer
Two Premium Bond holders from Wiltshire and Bedfordshire are celebrating the start of spring having both scooped the top £1 million prize in March’s Premium Bonds prize draw.
NS&I announces intention to contract with matrix capital to provide Premium bonds jackpot advisory service
NS&I 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.
NS&I: Agent Million brings New Year joy to Kent and Wiltshire
A man in Kent and a woman in Wiltshire have a million reasons to celebrate the start of 2018 as they have become the first Premium Bond jackpot winners of the New Year.
NS&I survey shows confidence in advice industry at all time high
Almost half of advisers now include cash in their holistic financial planning with clients Premium Bonds now most popular type of cash product Advisers reveal views on advice to children of clients