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Individual pension sales fall at NU

Norwich Union’s individual pension sales fell to 2.5bn last year from 3.1bn in 2004. Equity-release sales fell to 374m from 478m but collective invesetment business rose by 35 per cent to 1,16bn.


With cutout & I

London is awash with fancy bars and lavish restaurants to choose from when making a big announcement or launch so when Pink Home Loans decided to brave the stag and hen night haven Walkabout on Shaftesbury Avenue for its big day, it probably took many by surprise. On second thoughts, a room full of mortgage […]

Ritchie says firms will turn away GPP sales or raise charges

Life offices will have to refuse new group pension business or impose extra charges on small and medium-sized employers if Adair Turner’s NPSS plan gets the go-ahead, warns Scottish Equitable director of pensions development Stewart Ritchie. He says it is inevitable that pension business will take flight into an NPSS scheme, leaving life offices with […]


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