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NS&I boss compelled out as financial institution faces £470m payout over lacking financial savings | Banks and constructing societies

greater by greater
March 27, 2026
Reading Time: 4 mins read
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NS&I boss compelled out as financial institution faces £470m payout over lacking financial savings | Banks and constructing societies


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The chief government of the state-backed Nationwide Financial savings and Investments financial institution has been compelled out over a scandal that left hundreds of bereaved households owed nearly £500m.

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