Newcastle confirms Lifetime ISA launch

Newcastle Strategic Solutions, the savings arm of Newcastle Building Society Group, has confirmed that its cash Lifetime ISA product will launch to market in the next few weeks.

Related topics:  Savings & Investments
Rozi Jones
17th October 2018
Phil Grand Newcastle

Newcastle says the move will bring additional competition to the Lifetime ISA market, joining Skipton and Nottingham.

Last week, the government confirmed its commitment to the Lifetime ISA, rejecting the Treasury Committee’s recommendation that the product should be abolished.

Phil Grand, managing director of Newcastle Strategic Solutions, said: “We’re committed to the continuous improvement of our platform proposition. A number of developments have recently been announced to enhance our agile savings platform, ensuring we offer the best possible customer experience for savers.

“Providing our clients with the option of a Lifetime ISA via our platform will enable them to access a broader range of products and build relationships with a wider range of customers.”

More like this
Latest from Property Reporter
Latest from Protection Reporter
CLOSE
Subscribe
to our newsletter

Join a community of over 30,000 intermediaries and keep up-to-date with industry news and upcoming events via our newsletter.