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Savings giant NS&I is undergoing a programme to reunite people with their cash, with up to £476 million in deposits being affected.Concerns have been raised over bereaved families struggling to access their money.Pensions minister Torsten Bell told the House of Commons that NS&I notified the Treasury of an operational failure to trace accounts comprehensively of some customers who had died.He said: "The result of this failure is that not all savings were identified by NS&I and paid to the benefi
Savings giant NS&I is undergoing a programme to reunite people with their cash, with up to £476 million in deposits being affected.Concerns have been raised over bereaved families struggling to access their money.Pensions minister Torsten Bell told the House of Commons that NS&I notified the Treasury of an operational failure to trace accounts comprehensively of some customers who had died.He said: "The result of this failure is that not all savings were identified by NS&I and paid to the beneficiaries of their estates as they should have been."Specifically, processes failed to comprehensively trace some customer holdings where those were spread across multiple profiles or systems."
↗https://www.dailymail.com/video/video/video-3626285/NS-I-undergoing-programme-reunite-bereaved-families-cash.html
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