NATIONAL SAVINGS & INVESTMENTS
National Savings & Investments have slashed payouts on accounts and Premium Bonds.
In an article for The Times Money Mentor – it highlighted that millions of savers in the Government-backed savings bank will be impacted by reduced rates on 14 products, by up to 0.45%.
The Premium Bond pot has also been cut (the odds of a £1 premium bond winning prize in a given month has dropped to 1/26,000).
Click the link to read the article:
We know that many of our clients and customers hold both savings accounts and Premium Bonds so we thought we would inform our customers accordingly.
As always, if you are looking for advice in order to ensure a ‘suitable outcome’ with your financial planning – simply get in touch.
Have a great weekend.
Best Price FS Team