Stone Life October/November 2013 | Page 44

INVESTMENT MATTERS NATIONAL SAVINGS & INVESTMENTS CHANGES T he decline in short-term interest rates has reached some of National Savings and Investment’s few remaining offerings. A goal of zero Each year the Treasury sets a target for the amount of money that National Savings & Investments (NS&I) should aim to raise as part of overall government financing. Despite the need to find nearly £163bn in 2013/14, the Chancellor set NS&I’s goal for this year at sweet nothing. All NS&I has to do is match its outflows with