NS&I bond rates queried

clock

Latest analysis of bond rates paid by NS&I suggests the executive agency is still trailing the private sector despite increasing its rates in response to last month's interest rate hike.

Figures published by Baronworth suggest this is the case despite bonds from other providers not having increased their payout rates to the same extent. For example, it says over a typical one-year term where NS&I pays out 5.10% per annum gross on Pensioners Bonds, the best equivalent Guaranteed Income Bond rate available on the market would be worth up to 6.02% for a base rate tax payer, and up to 6.43% for a higher rate payer. Over two years NS&I’s rate of 5.05% compares with 5.79% and 6.17% respectively. Baronworth says the latest figures underline its view tax paying pensioners are s...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Taking the rough with the smooth: How to navigate global market volatility

Taking the rough with the smooth: How to navigate global market volatility

'Like investing, smoothing isn't one-size-fits-all'

James Tothill
clock 13 June 2025 • 4 min read
Four key questions to guide informed investment decisions

Four key questions to guide informed investment decisions

Does the story make sense?

Gabriel Sacks
clock 12 June 2025 • 4 min read
Neil Woodford to charge up to £70 a month to access portfolio platform

Neil Woodford to charge up to £70 a month to access portfolio platform

W4.0 launches

Cristian Angeloni
clock 06 June 2025 • 2 min read