Shawbrook Bank

Relationship to Primetime Retirement: Deposit Fund provider

Background

Shawbrook is a specialist UK lending and savings bank founded in 2011 to serve the needs of SMEs and individuals in the UK with a range of lending and saving products. At June 2015 Shawbrook’s total lending reached more than £2.7 billion and have now raised more than £2.6 billion in deposits since their launch.

Shawbrook differentiate their service in many ways, focusing on carefully selected markets where their specialist knowledge and in depth, quality underwriting expertise, can deliver competitive advantage, attractive returns and sustainable growth. Shawbrook understand the critical importance of building strong relationships, both with customers and their business partners, and how innovation can be harnessed to deliver top service. Shawbrook recognise the value of talented people, always ensuring human decision making, not a tick box approach, is applied to all of their business decisions.

Shawbrook employ over 520 staff in four principal locations and six smaller offices throughout the UK.

 

Product Background

Shawbrook Bank are a deposit fund provider for Primetime Retirement, holding the cash element of retirement funds in the form of a savings account.

More information: www.shawbrook.co.uk

Legal and Regulatory status

Shawbrook Bank Limited (“Shawbrook”) is a company registered in England and Wales under number 388466 whose registered office is at Lutea House, Warley Hill Business Park, The Drive, Great Warley, Brentwood, Essex CM13 3BE. Shawbrook is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 204574. Shawbrook Asset Finance, Shawbrook Business Credit and Shawbrook Pharmacy Finance are trading styles of Shawbrook Bank Limited. Shawbrook does not allow ‘early access’ under its Terms and Conditions.