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Index-linked Savings Certificates are British inflation linked bonds from National Savings and Investments, the state-owned savings bank in the United Kingdom. The bond terms are typically 2, 3 or 5 years. The returns are linked to Retail Price Index (RPI) with a tiny added interest rate on top. The Bonds can now only be cashed in at maturity.
The name was changed again in 2002 to National Savings and Investments. [10] The previous graphic identity of NS&I, including the NS&I logotype, was created in 2005 by Lloyd Northover, the British design consultancy founded by John Lloyd and Jim Northover. [11] The identity was updated in 2020.
In December 2008, NS&I reduced the interest rate (and therefore the odds of winning) due to the drop in the Bank of England base rate during the Great Recession, leading to criticism from members of Parliament, financial experts and holders of bonds; many claimed Premium Bonds were now "worthless", and somebody with £30,000 invested and ...
In Finland, Postisäästöpankki ("Post Savings Bank") was founded in 1887. In 1970 its name was shortened to Postipankki ("Post Bank"). In 1998 it was changed to a commercial bank named Leonia Bank. Later, it was merged with an insurance company to form Sampo Group, and the bank was renamed Sampo Bank.
National Savings and Investments, United Kingdom; National Security Intelligence, Bangladesh; National Statistical Institute (Bulgaria) Nationwide Suspicious Activity Reporting Initiative, an American law enforcement program; New Slovenia, a Slovenian political party; North-South Institute, a Canadian think tank
Prize-linked savings accounts have the potential to help combat low rates of savings among Americans. They offer more incentive than a traditional savings account as an individual may be discouraged earning a low rate of return in a standard savings account. US families that play the lottery all tend to spend roughly the same amount, regardless ...
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A non-mainstream pooled investment vehicle (NMPI) is a form of investment fund in the UK. [1] It is typically used as a form of fund for alternative investments, which include illiquid assets such as forestry, property or loans. Often NMPIs will have less than £100M of assets under administration.