Newcastle Building Society unveils intermediaries arm

Newcastle Building Society has launched its Newcastle Intermediaries Services (IS), a savings and lending brand designed for intermediaries and independent financial advisers (IFAs). Newcastle IS offers a range of products and provides a rebate feature, allowing advisers to relinquish their commission to offer additional allocation to clients' deposits.

The initial range of products includes the Balanced Account, where 50% of the investment goes into a guaranteed equity bond, paying a rate

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