National Financial savings & Investments clients are shedding out as a rising tide of administrative and buyer providers errors erodes belief in the organisation.
NS&I is backed by the state, making it the most secure place to place your cash. All money is protected, even above the £85,000 restrict assured by the Monetary Companies Compensation Scheme lifeboat fund.
However savers’ religion in NS&I is being examined by primary errors made by the organisation. These vary from minor irritations comparable to passwords not working to extra critical issues comparable to cash being wrongly taken out of financial savings accounts.
Complaints made on to NS&I’ve risen by 52computer between the 2016-17 and 2018-19 tax years, from 12,912 to 19,629….