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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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