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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

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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 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
NS I undergoing programme reunite bereaved families cash PA Wires
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