Newcastle Building Society targets IFAs with new product range

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Newcastle Building Society is targeting IFAs with a range of savings accounts and structured products sold under its new Intermediary Services brand.

Products to be sold under the Newcastle IS banner include: Balanced, Minimum Return and FTSE Return accounts, which are linked to the FTSE 100, and the ethically-oriented Clean Energy Select Account. A SIPP only range comprises Access SIPP and 6 Month Fixed Rate SIPP, while Access Deposit offers 4.90pc gross/AER suitable for individuals or managers of client funds. An accompanying website offers a facility for submitting online applications, staged application and commission tracking, online client valuations, a sales toolkit, literature library and an online ordering system. The initiat...

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