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Nationwide&#39s hidden agenda?

I read with interest MM&#39s article regarding Nationwide&#39s ability to

sell the Sandler suite of products within the 1 per cent price cap.

I would have more respect for this announcement if they were to sell

all their savings products within the same cap based on their

mortgage rate.

Or does the Nationwide have a hidden agenda, hoping to cross-sell new

clients into a more profitable range of products?

With the impending demise of polarisation, is this the first shot

from the bancassurers in their attempt to grab a larger market share

of the investment market based on a low-cost sales model using

non-FPC3 qualified (unqualified?) sales staff?

Richard Louks

Senior Consultant,Towry Law Financial Services Limited

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