National Savings & Investment (NS&I) is facing a record payout of nearly £500 million to bereaved family members due to long-running administrative problems that led to missing savings, resulting in the replacement of the NS&I boss.

The head of NS&I has resigned from their position after £500 million in customer savings were reported missing.

The head of NS&I has resigned following reports that £500 million in customer savings went missing, prompting concerns and an investigation.

The head of NS&I has resigned following reports that £500 million in customer savings could not be accounted for, prompting concerns about financial oversight.

The head of NS&I has resigned following reports that £500 million in customer savings went missing from the organization.

The odds of winning a prize on Premium Bonds are set to decrease from April, following NS&I's decision to cut the proportion of the total invested amount paid out in prizes.

Questions are being raised regarding eligibility for NS&I compensation, as up to £476 million in deposits has reportedly been affected.

The head of NS&I has resigned after it was revealed that £500 million in customer savings had gone missing from the organization.

The head of NS&I has resigned following reports that £500 million in customer savings went missing from the organization.

The head of NS&I has resigned following the disappearance of £500 million in customer savings, prompting concerns and investigations into the financial institution's operations.

The head of NS&I has resigned following the disappearance of £500 million in customer savings, prompting concerns and investigations into the financial institution's operations.

The government-backed bank NS&I is preparing to pay millions in compensation to customers due to a series of errors, including failures to disburse funds to bereaved families.

National Savings and Investments (NS&I) is under scrutiny for allegedly mismanaging £3 billion of taxpayer money, drawing strong criticism for its spending practices related to Premium Bonds.

The head of NS&I has resigned after it was revealed that £500 million in customer savings had gone missing from the organization.

The head of NS&I has resigned following reports that £500 million in customer savings went missing, prompting an investigation into the incident.

The head of NS&I has resigned following a scandal involving £500 million in customer savings that reportedly went missing from the institution.

The head of NS&I has resigned following reports that £500 million in customer savings went missing from the state-backed savings bank.

The head of NS&I has resigned following reports that £500 million in customer savings have gone missing from the organization.

Everything you need to know about Premium Bonds in March