Home Investment Bereaved families report premium bond delays, with minister due to make NS&I statement
Investment

Bereaved families report premium bond delays, with minister due to make NS&I statement

Share


It took me five years, says woman trying to retrieve late father’s premium bondspublished at 11:58 GMT

James Kelly
BBC News

A woman with blonde hair and a pearl necklace is looking at the camera, sitting in front of a blurred background which appears to be a dining room.Image source, Tracy McGuire-Brown

Tracy McGuire-Brown from Newbury says it took NS&I three attempts to find the account for her late father.

The 61-year-old tells us: “It took me five years and a huge amount of distressing form filling, including sending the original will, original documents, all at my own expense to try and locate my deceased father’s premium bonds.

“We were told that, even though they took years to sort this out, at great distress to us, that we were not entitled to wins that had been made in this time.

“The final insult was this year when we finally received the monies: a letter stating it should be used to clear any debts my father had and be used towards funeral expenses. He had died five years earlier.”

She says NS&I later sent her £150 for the expense of sending the original documents by post, adding that she would never invest with the bank given the “appalling” experience she endured.



Source link

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
Investment

UK Gilt Yields Explained: New Chancellor’s Impact

What Are UK Gilt Yields, and Why Are They Moving Right Now?...

Investment

UK stock market loses over $2B weekly to takeovers as ‘Great British Takeover’ crosses $60B

London’s stock market is bleeding market capitalization at a rate of more...

Investment

UK gilts steady, sterling dips as markets assess new British finance minister

Sterling dipped slightly but UK gilts held steady on Tuesday a day...

Investment

UK CFOs Plan AI Spending Spree as Graduate Hiring Slows Amid Cost Cuts: Deloitte

UK finance chiefs are ready to spend big on artificial intelligence, even...