NS&I says more than £3m paid to estates so far in compensation scheme update

NS&I has confirmed that over £3m has been paid to estates as part of a compensation scheme update. The savings giant is currently contacting estates after internal failures resulted in bereaved families missing out on their savings pots. This financial redress aims to rectify the errors that prevented the rightful distribution of funds to the families of deceased account holders, ensuring that the missing savings are finally recovered and paid out to the respective estates.