View more on these topics

BoS to offer banking services via Zurich

Zurich Financial Services is linking up with Bank of Scotland to provide banking and loan services to Zurich&#39s UK customers.

The joint venture is due to start later this year and will offer bank accounts, personal loans, mortgages and credit cards under the Zurich brand.

BoS products will be distributed via Zurich&#39s existing channels including the Allied Dunbar franchise network and Eagle Star Direct.

They will also be available on Zurich&#39s personal finance portal to be launched online this summer.

Zurich hopes to benefit from BoS&#39s retail banking experience and clearing systems.

Zurich Financial Services chief executive Sandy Leitch says: “It fits with our goal of reaching more customers and increasing our product range through strategic alliances. It is also a significant step towards the launch of our personal finance portal in the UK this summer.”

Recommended

&#39Pseudo-guides duping the public&#39

Two leading IFAs are calling on the FSA to clamp down on Isa broker guides issued by many discount brokers, claiming they are misleading investors. Torquil Clark says the FSA needs to tackle the “highly questionable” fund selection process used in many of the guides. In a letter to FSA chief executive Howard Davies, Torquil […]

Paragon launches &#39buy and refurbish to let&#39 deal

Paragon Mortgages is launching a ‘buy-and-refurbish to let’ package as part of its ‘buy to let’ mortgage. It allows investors to buy and then renovate dilapidated property, making use of the tax incentives introduced in the Budget on converting commercial space in to residential use. The package will finance up to 70 per cent of […]

Moneyextra aiming for teachers in IFA recruitment drive

IFA Moneyextra is targeting teachers, lecturers and social workers to become IFAs as part of its recruitment drive this year. Moneyextra, the personal finance website, is launching a phone and face-to-face IFA service this spring. It says it is interested in recruiting people in these occupations because they have the necessary qualities, including good communication, […]

Quick link to solicitors

Mortgage platform IFonline is linking up with Legal Marketing Services to provide IFAs with online access to a network of solicitors specialising in mortgages. The move will allow IFAs to put a mortgage application through IFonline and get an immediate quote on the legal work for clients. Three hundred law firms – a total of […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment