Yes if the firm is listed on the FCA website as an 'Exempt Professional Firm'. NS&I will use the reference number quoted on the page as an FCA Firm Reference Number for NS&I purposes.
Each £1 Bond number has an equal chance of winning, regardless of when or where it was bought. Over 95% of eligible Bonds have been bought since the year 2000. So even though Premium Bonds have been on sale for over 60 years, this is why newer Bonds seem to win more frequently. When ERNIE randomly generates winners, it doesn’t store any numbers, so there’s no way any Bonds can be left out.
In 2004 the £1 million jackpot was won by a customer with only a £17 holding, who bought them in 1959!
No, your client will have to transfer in the balance from the Child Trust Fund or other cash Junior ISA.
Yes. We’ll write to them in advance of their investment maturing, providing them with details of their options – and one of these will be to renew their Certificates in a new term. If the customer doesn’t take any action at maturity, the Certificate will renew with another term of the same length.
Yes. They’ll be written to in advance of their investment maturing, providing them with details of their options – and one of these will be to renew their certificates in a new term. If the customer doesn’t take any action at maturity, the certificate will renew with another term of the same length.
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