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Norwich Union launches Manager of Managers funds with Aon

Norwich Union has appointed Aon Asset Management to select managers for its new range of manager of manager funds.

The new range of funds will comprise Income, Cautious, Balanced and Growth funds, and will be available across Norwich Union’s Oeic, Isa and life products. The funds will be launched on 23 May 2005.

Aon was chosen by Norwich Union in a due diligence process conducted with Morley Fund Management. Morley will be responsible for determining asset allocation across the range of funds.

Norwich Union fund development manager James Pearson says: “This is about re-engaging with people who have had five years knowing they want to save, but not necessarily knowing how.”


Norwich Union – Norwich Manager of Manager Cautious Fund

Type: OeicAim: Growth by investing globally in equities, fixed-interest securities and cashMinimum investment: Lump sum 5,000, 3,000 for Isas and Pep transfers, monthly 100Investment split: 33.33% UK equity, 16.6% UK corporate bonds,13.33% UK government bonds, 5% European equity, 5% US equity, 4.65% global bonds, 3% Asian and Pacific equity, 1% emerging markets, 1% Japan equity, […]

It’s about time we gave the CAB project a break

I am usually calm and collected enough to read criticism, smile and get on with life but when the criticism is unfounded and based on a quarter of a story it pushes me far enough to feel the need to reply – I am referring to Alan Swaysland’s letter in Money Marketing, May 5.

Investment view

Building a mix of assets is one thing but working out how many asset classes to include is a less easy call, says Brian Tora.

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Guide: how to… communicate with your pension members

Effective communication of your pension scheme is a large part of getting auto-enrolment right. Delivering the same message to all employees is not necessarily the way to go. To assist you with the communication of your pension scheme, we have provided some key areas to think about, such as:

  • What to consider when segmenting your workforce
  • How to communicate to pension scheme members at the right time in their member lifecycle
  • What topics you should be discussing with your pension members
  • The new pension freedoms and the importance of communicating them


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