Newcastle Financial Services (NFS), a subsidiary of Newcastle Building Society has renewed its contract with the Openwork network for a further five years.
NFS first joined the network, then called Zurich Advice Network, in 2003 and currently employs 22 pension and investment advisers and four insurance advisers. NFS is Openwork's largest adviser enterprise. NFS, which signed the extension with Openwork in December, launched its Retail Distribution Review (RDR) proposition last autumn following ongoing collaboration with Openwork's RDR support team. Sales and marketing executive at Newcastle Building Society, Steve Urwin, said: "NBS recognises that other high street providers are withdrawing from offering advice to the mass market but...
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