Tuesday 15 October 2013

Clydesdale and Yorkshire Banks partner with Origen for financial advice...but only for private banking and business customers

Yorkshire and Clydesdale Banks have announced a partnership with Origen Financial Services to provide financial advice for their business and private banking customers. 

Origen, a subsidiary of Aegon, will act as a "referral partner" for the two banks and its advice service will cover corporate and personal pensions, investments, protection and retirement planning. 

The service does not extend to retail banking customers of Yorkshire and Clydesdale. Until April 2013, the banks offered an "in-branch retail advice service" in partnership with AXA, but this ended with the closure of AXA's bancassurance arm. The banks have stated that they have no plans to replace AXA. 

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