Intermediaries targeted by Newcastle savings range

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Newcastle Building Society has launched a deposit-based savings range designed specifically for intermediaries.

The launch is part of Newcastle Intermediary Services (NIS), a new savings and lending brand focused on intermediary networks and IFAs. The range will initially offer a range of savings products, including capital guaranteed structured accounts, instant access savings accounts and fixed rate bonds. Intermediaries will receive commission for distributing the products. Advisers will have full access to the NIS website, with full information on all products, online application submission, commission tracking and other features. The NIS service can also provide bespoke products on request...

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