Aldermore Bank

Relationship to Primetime Retirement: Deposit Fund Provider

Background

Aldermore was founded in 2009 and is a small to medium enterprise focused bank which operates with modern, scalable and legacy-free infrastructure. Aldermore do not have a branch network but serve customers and intermediary partners online, by phone and face to face through a network of twelve regional offices located around the UK. Aldermore believe in placing customers at the heart of everything they do with brand pillars of – exceptional service, total transparency and community – which are the direct result of feedback from their customers. As a business they seek to differentiate themselves from their competition by a focus on delivering banking as they believe it should be.

Product Background

Aldermore offer simple financial products and solutions to meet the needs of Small and Medium-sized Enterprises; across their business and personal lives, as well as homeowners and savers. Aldermore focus on specialist lending across four areas: Asset Finance, Invoice Finance, Commercial Mortgages and Residential Mortgages with lending activity predominantly supported by the deposits taken from Britain’s savers.

Legal and Regulatory status

Aldernore Bank PLC is an operating entity of Aldermore Group PLC. In March 2015, Aldermore Group PLC’s shares (ALD.L) listed on the Main Market of the London Stock Exchange.

Aldermore Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Prudential Regulation Authority and the Financial Conduct Authority. Financial Services register number: 204503.