Nelson to advise premium bond millionaires

After advertising for IFA tenders, NS&I has given the three-year contract to the financial planning division owned by Close Brothers, effective from February 2005. Each month NS&I gives away more than one million prizes in its premium bonds draw, however, one person wins £1m in a single jackpot, so NS&I provides access to financial advice if required, to help the winner manage their windfall. According to John Prout, NS&I sales director, there were an ”impressively high number of quality responses, including well-known financial services providers and niche and national IFAs” but Nel...