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Newcastle BS launches investment brand

Newcastle Building Society has made a soft-launch of a range of savings and investment products for intermediaries under the new brand of Newcastle IS.

The lender says the new service will be fully launched with an intermediary website in July, offering a range of deposit based products including fixed rate bonds, access accounts and GEBs.

These products will be available in a variety of tax wrappers including cash ISA and will also be suitable for investment in SIPPs.
 
Senior marketing executive Steve Urwin says: “We are delighted to introduce Newcastle’s intermediary savings service, which reinforces our commitment to the intermediary market. This new brand will provide investment advisors with a range of innovative and flexible products, as well as opening an alternative avenue of business, aside from the usual Lending arena, for FSA registered intermediaries.”

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