NFSL, a subsidiary of Newcastle Building Society, first joined the network in 2003 and has been the network’s largest investment enterprise since it was formed.
Mark Duckworth, managing director of marketing and distribution at Openwork, said: “NFSL has been with Openwork from the very beginning and we are extremely pleased the team is extending the relationship with us for a further five years.
“The business’s continued growth year-on-year is testament to the quality of service it provides to its clients and its decision to commit its future to Openwork at such a pivotal time for the industry is a fantastic endorsement of our proposition and strategy.”
Steve Urwin, sales and marketing executive at Newcastle Building Society, said the society is committed to maintaining a service for its members.
He said: “In our view Openwork has the most compelling and progressive proposition in the market and it is very well placed to support our evolving requirements both now and in the years ahead.”