Three things your client may call you about this week ...

NS&I customers 'automatically' re-enrolled

clock • 2 min read

Stuck NS&I bondholders, under-pressure best buy lists and the case for European investments - here's your weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …

NS&I blocks loyal savers from accessing their own cash Bondholders with National Savings & Investments could see their money locked away with no options to withdraw, according to The Telegraph. Previously customers could withdraw their cash at any moment with a penalty of 90 days' interest but untouched savings not moved before old bonds matured are being automatically put into a newer issue that removes such an option. The government-backed scheme holds almost £40bn in income and growth bonds and said customers were given a minimum of 30 days' notice before their terms ended and had ...

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

FIF25: House of Lords member calls for stronger international economic cooperation

FIF25: House of Lords member calls for stronger international economic cooperation

Economics often a driver of geopolitical instability

Sorin Dojan
clock 04 June 2025 • 2 min read
Woodford sets date for portfolio platform launch

Woodford sets date for portfolio platform launch

W4.0 will launch on Friday 6 June

Cristian Angeloni
clock 03 June 2025 • 1 min read
FCA seeks feedback on stablecoin and crypto policy proposals

FCA seeks feedback on stablecoin and crypto policy proposals

Feedback deadline set at 31 July

Patrick Brusnahan
clock 29 May 2025 • 1 min read