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NU announces new business figures for 2003

Norwich Union&#39s long term savings new business figures for 2003 show it is running a steady ship, with UK total life and pension sales at £266 million annual premium equivalent for the fourth quarter down from £277 million ape for the same period in 2002.

UK life and pension sales for 2003 dropped slightly to £1,068 million ape from £1,231 million in 2002 and total UK sales for the year, including investment sales, was £6,550 million down from £7,400 million in 2002.


Neptune joins Cofunds

Five Neptune Asset Management funds have been added to fund supermarket Cofunds. Neptune&#39s equity income, global equity, European opportunities and UK equity Oeics are now available on the platform, along with its balanced unit trust. It is the fourth platform Neptune, formerly Orbitex, has joined, following its deals with Transact, Selestia and Skandia.

Correspondent&#39s week – Stephen McDowell

I am tired of being a corporate statistic, a digit on a spreadsheet in someone&#39s meeting where they try to “target industry verticals” by “ticking the right boxes” and “pressing hot buttons”. I am a person with a voice and an opinion. I want to be a customer. What&#39s wrong with that? Why can&#39t my […]

A difficult policy on Standard Life

The fortunes of Standard Life and those of thousands of IFA clients are tied together.IFAs will have to await the outcome of Standard Life&#39s strategic review before they can decide properly their attitude to the life office as a long-term business partner.But the outcome of the review also has a massive bearing on what IFAs […]

GMAC-RFC set to design sub-prime loans for Chelsea

Chelsea Building Society has chosen GMAC-RFC to help it extend its range of sub-prime mortgages.Chelsea was the first high-street lender to launch a range of non-conforming products under its own name in 1998.The society says it chose GMAC-RFC as its partner after considerable research of the sub-prime market, following a number of approaches from different […]

How to balance bottom-up with top-down research in constructing multi-asset credit portfolios

In this short video, Azhar Hussain, head of global high yield at Royal London Asset Management, explains how his team balance bottom-up with top-down research in constructing multi-asset credit portfolios. Watch the video in full The value of investments and the income from them is not guaranteed and may go down as well as up […]


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