Service levels win Matrix Capital NS&I contract extension

Free meeting after jackpot win

Hannah Godfrey
clock • 1 min read

Premium bond jackpot winners will continue to receive free financial advice from chartered financial planner Matrix Capital, following the extension of its contract with National Savings and Investments (NS&I).

Matrix won the three-year contract from 2014 and has now been given a 12-month extension until 31 March next year. The firm provides an initial guidance meeting free of charge to the winner of the million-pound premium bond jackpot, which is often held inside a hotel in a secret meeting to protect the anonymity of the winner. It is the winners' choice whether they take the free meeting - although Matrix said they usually do. Typically, guidance on gifting, inheritance tax, investing for income, retirement planning and long-term care are discussed - though there have been "odd occasion...

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 Companies

Titan in 'strong position' to integrate IWP within four months

Titan in 'strong position' to integrate IWP within four months

Co-CEOs Fearon and Kaberry on getting the IWP integration ‘right’

Isabel Baxter
clock 05 November 2025 • 2 min read
Five Wealth looks to double AUM as it exceeds £1bn for the first time

Five Wealth looks to double AUM as it exceeds £1bn for the first time

Driven by ‘organic growth’ and adviser team expansion

Isabel Baxter
clock 05 November 2025 • 1 min read
RL360 blames fault in IT systems for widespread outage

RL360 blames fault in IT systems for widespread outage

IoM firm confirms it was not a cyber-attack and there will be ‘no client detriment’

Isabel Baxter
clock 04 November 2025 • 1 min read