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When will NS&I Index-linked Savings Certificates be back on sale?
Although we do not anticipate being able to return Index-linked Savings Certificates to general sale in the short to medium term, our product range is constantly under review. We need to consider the sales thresholds agreed with HM Treasury each year, designed to ensure NS&I does not destabilise the savings market.
In spite of the product being off general sale, all Index-linked Savings Certificates customers (that are eligible under the current customer agreement) can currently continue to reinvest when they reach the end of their current investment term. This applies to our Fixed Interest Savings Certificates too.
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Can the NS&I Investment Account be held in a SIPP or SSAS?
No. NS&I usually offers a number of products that can be held in a SIPP or SSAS, although some of these are not currently on sale. Those permissible for this purpose are either fixed term products or those that are expected to be held for a long period of time, and not account products that result in regular transactions. As our Investment Account product is generally used for regular savings transactions, it is unsuitable to be held in a long-term product such as a SIPP or SSAS.
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