Our heritage

NS&I has been trusted to look after the nations finances for over 150 years.

Why Phil Billingham recommends NS&I Why Phil Billingham recommends NS&I

"The return of your money, not the return on your money, is the best lesson from the financial crisis. For millions the NS&I brand stands for financial security, and remains the first-choice safe haven."

Danny Cox - Chartered Financial Planner, Hargreaves Lansdown

Our beginnings

In 1861, the Palmerston government set up the Post Office Savings Bank – a simple savings scheme aiming to encourage ordinary wage earners to “provide for themselves against adversity and ill health”.

Separating from the Post Office® in 1969, we became National Savings – later rebranding as National Savings and Investments (NS&I) in 2002.

In 2015 we completely moved away from the Post Office (with the end of our distribution contract) and completed our goal of becoming a 100% direct business.

We’ve been an Executive Agency of the Chancellor of the Exchequer since 1996.

NS&I today

We are one of the largest savings organisations in the UK, with over 25 million customers and more than £193 billion invested.

Our purpose

We want to inspire a stronger savings culture. We believe everyone should have the opportunity to save confidently.

Our mission

  • Providing cost-effective financing for government and the public good
  • Offering trusted savings and investments propositions
  • Delivering valued services for government
  • Supporting a fair and competitive market and balancing the interests of our savers, taxpayers and the market

Looking at the future, one of NS&I's main objectives is to become an even more digitally focused business and encouraging customers to go paperless.

Last year we handled over 67 million online and phone interactions and our Adviser Centre website continues to receive up to 32,800 visitors every month. We now have a dedicated online service for financial advice too and over 800 firms are already registered for this service.



years old


25 Million



£193 billion


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