#2026/623National Savings Remediation Scheme Regulations 2026
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
These regulations create a remediation scheme for certain National Savings holdings connected to people who have died. The scheme allows payments to be made where an eligible claim relates to accounts, bonds, certificates, deposits, Direct ISAs, Treasury securities, or stock held through National Savings. The practical impact is mainly for estates, personal representatives, and people entitled to receive money from deceased National Savings customers. They may be able to receive a calculated payment, including amounts tied to the value of the holding and, where applicable, an additional payment under the scheme.
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Key Changes
- Establishes a National Savings remediation scheme for eligible claims
- Covers a range of National Savings holdings registered in the name of deceased persons
- Allows payments to be calculated and made to the relevant person, including possible additional payments