View more on these topics

National Savings announce record pay-outs on premium bonds


Pay-outs on Premium Bonds reached record breaking level in the last financial year according to the latest figures from National Savings.


Ernie was more generous than ever before paying out nearly 7 million prizes worth approximately £540m.


The record prize pay-outs come at a time of increasing popularity for premium bonds with an average investment of £302m a month. March sales reached a record £386.3m.

Recommended

News from PIMS 99 – National IFAs set to dominate

National IFAs are set to dominate the financial services marketplace according to KPMG Corporate Finance partner John Riddell.In his PIMS presentation Riddell predicted that networks will aim to set up their own national broking houses, while new national will be formed by aggressive, fast growing IFA firms and regional players seeking to grow their businesses […]

Old Mutual appoints investment manager

Old Mutual Unit Trust Managers has appointed Chris Lynch as Investment Manager for the South West Region.Lynch will be responsible for intermediary sales and servicing of unit trusts and Isas within the region.He joins Old Mutual from CGU where he worked as a consultant at its Bristol office.

Martin Currie launches portfolio service

Martin Currie Unit Trusts is launching a portfolio service offers investors the choice of either growth or income through the use of two of the company&#39s managed funds, the Income Portfolio and the Growth Portfolio.Both funds have a Standard & Poor&#39s Fund Research A rating.The minimum investment is £10,000, although for investors wishing to receive […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com