The collaboration will provide L&G’s customers with access to cash savings accounts protected by the Financial Services Compensation Scheme (FSCS) through Raisin’s marketplace.
The first phase of the partnership will allow L&G’s customers to compare and choose from a range of savings accounts offered by Raisin’s European partner banks – all managed from a single account and login: the Raisin UK Account.
It’s the first strategic partnership of its kind for L&G and for Raisin UK – its second major announcement this year following their first partnership announcement with ClearScore.
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