Monday, 24 March 2014 11:15
Firm to give £1m jackpot winners financial advice
Matrix Capital has been awarded the contract to provide financial advisory services to winners of the monthly Premium Bonds £1 million jackpot prize.
NS&I today the decision a formal re-tender for this contract and following a tender process.
Close Brothers Asset Management previously provided the service.
Julian Hynd, Retail Director at NS&I, said: "The new contract with Matrix Capital will ensure that Premium Bonds jackpot winners continue to have the option of receiving high quality financial advice. I would like to congratulate Matrix Capital on winning the contract and also thank all the financial advice firms who took part in the re-tender process."
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It is up to each monthly jackpot winner to decide whether or not to accept the service.
Robin Melley, Chief Executive, Matrix Capital, said: "We are thrilled to have been chosen by NS&I to act as the appointed firm of Chartered Financial Planners to provide professional advice to the Premium Bonds jackpot winners, and we are really looking forward to working closely with the team at NS&I."
Premium Bonds are NS&I's most popular savings product.
The Budget 2014 confirmed that the number of Premium Bonds £1 million jackpot prizes will increase from one to two per month, with effect from the August 2014 prize draw.
NS&I today the decision a formal re-tender for this contract and following a tender process.
Close Brothers Asset Management previously provided the service.
Julian Hynd, Retail Director at NS&I, said: "The new contract with Matrix Capital will ensure that Premium Bonds jackpot winners continue to have the option of receiving high quality financial advice. I would like to congratulate Matrix Capital on winning the contract and also thank all the financial advice firms who took part in the re-tender process."
{desktop}{/desktop}{mobile}{/mobile}
It is up to each monthly jackpot winner to decide whether or not to accept the service.
Robin Melley, Chief Executive, Matrix Capital, said: "We are thrilled to have been chosen by NS&I to act as the appointed firm of Chartered Financial Planners to provide professional advice to the Premium Bonds jackpot winners, and we are really looking forward to working closely with the team at NS&I."
Premium Bonds are NS&I's most popular savings product.
The Budget 2014 confirmed that the number of Premium Bonds £1 million jackpot prizes will increase from one to two per month, with effect from the August 2014 prize draw.
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