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Newcastle Building Society advice arm extends Openwork deal

Newcastle Financial Services Limited, the advice arm of Newcastle Building Society, has announced it will remain with Openwork for at least five more years.

NFSL first joined the network, then called Zurich Advice Network, in 2003. It employs 22 pension and investment advisers and four insurance advisers.

Newcastle Building Society sales and marketing executive Steve Unwin says: “NBS recognises that other high street providers are withdrawing from offering advice to the mass market but we are committed to maintaining a service for our members.

“In our view Openwork has the most compelling and progressive proposition in the market and it is very well placed to support our evolving requirements both now and in the years ahead.

“We were more than happy to extend our relationship with the business for a further five years.”

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