Newcastle BS launches intermediary savings products

clock

Newcastle Building Society is to launch a range of savings and investment products for intermediaries, under the new brand Newcastle IS.

The new service, which will be fully launched with an intermediary website in July, offers a range of deposit based products including fixed-rate bonds, access accounts and guaranteed equity bonds. The products will be available in a variety of tax wrappers including cash ISA and will also be suitable for investment in SIPPs. Steve Urwin, senior marketing executive at Newcastle Building Society, says: “This new brand will provide investment advisors with a range of innovative and flexible products, as well as opening an alternative avenue of business, aside from the usual lending arena, ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

PA360: Clients' lack of understanding of advice value is 'concerning'

PA360: Clients' lack of understanding of advice value is 'concerning'

‘Anyone running a business needs to offer value to their clients’

Sahar Nazir
clock 25 April 2024 • 1 min read
PA360: Advice firms 'brush over' data integrity fundamentals

PA360: Advice firms 'brush over' data integrity fundamentals

‘Your business and your people are under attack constantly’

Isabel Baxter
clock 25 April 2024 • 1 min read
PA360: The need for a financial plan 'has never been higher'

PA360: The need for a financial plan 'has never been higher'

‘It needs to be done in a different and innovative way’

Isabel Baxter
clock 25 April 2024 • 2 min read