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The Exchange teams up with NTL

The Exchange is set to bring personal finance services to millions by


linking up with ntl&#39s transmission network.


The partnership will give The Exchange&#39s Moneyextra. com service access to


nearly six million homes nationwide through the ntl network&#39s Finance


Channel when it launches later this year.


The link-up means consumers will be able to find out about and compare


financial products on Moneyextra.com through their TV or pc.


The Exchange is hoping the new access will empower customers to make


informed decisions on a range of products including Isas, credit cards and


bank accounts, personal loans and mortgages.


Product information will include user-friendly best-buy tables for each


product area, plus a news service including share price updates.


The Exchange says the move marks “a significant leap in our strategy of


making personal financial services readily available to as many people as


possible.” It rejects suggestions the increased distribution will undermine


the role of professional advice.


Chief finance officer David Chislett says: “The link with ntl is another


delivery mechanism for what we are doing already. We believe a section of


the market will want to seek professional advice. The business-to-business


Exweb service is intrinsically linked to the consumer services. We


encourage consumers to seek professional advice for complex financial


planning.”

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