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NU bolsters its pension range with 18 new funds

Norwich Union has added 18 funds to its personal and group pensions.

New and existing customers can invest in funds from firms such as Barclays Global Investors, Gartmore, Schroders, Investec and Jupiter.

The products include group personal pensions, personal pensions and occu-pational defined-contribution schemes.

Head of pensions Iain Oli-ver says: “Adding these funds shows our continued commitment to expand the investment opportunities for customers. We are especially excited by the addition of Norwich Union’s manager of manager funds which have performed well since they launched in 2005.

“The addition of a range of passive funds from BGI at no extra cost will be of significant value to trustees and employees looking for inexpensive access to particular investment sectors. These two investment options illustrate the strength of our investment proposition.” A&L survey resultsl 76 per cent of brokers saw a rise in demand for BTL loans in the last three yearsl 55 per cent of brokers believe that the market will continue to growl 63 per cent are calling for more well-known brands to enter the marketl 19 per cent are optimistic that the market could grow by more than 10 per centl 43 per cent of brokers are calling for better-value productsl 59 per cent of brokers in London are calling for better-value products compared with 35 per cent in the North-west and 35 per cent in the North-east and Yorkshire


Packager alliance secures new blood

The Professional Mortgage Packagers Alliance has announced its latest member, Countrywide Mortgage Centres. Countrywide has a direct-to-consumer operation, a packaging business that services brokers across most of the country, and deals with mortgage applications to non-panel lenders that originate from the groups 1,100 branches. PMPA director of operations Jon OBrien says: Countrywide is a highly […]

Swip putting on the Reits with UK fund

Scottish Widows Investment Partnership is offering a UK real estate fund which will give investors exposure to UK-listed property and real estate investment trusts when they become available from January 2007. The fund will form part of the Swip Oeic and will be managed by head of European equities and manager of the European real […]

BM Solutions urges brokers to boost business by internet

Brokers are failing to use the internet properly and are losing business as a result, according to BM Solutions. A survey by the lender found that only 53 per cent of the brokers surveyed in its research had a company website while 52 per cent get no new business through the internet. Less than 6 […]

Canada Life offers Best Doctors scheme to group IP clients

Canada Life Group Insurance is now offering its group income protection clients access to its ‘Best Doctors’ scheme. Best Doctors helps people who have been diagnosed with a serious medical condition by identifying the most appropriate specialists in that condition, who check the diagnosis and make treatment recommendations.Canada Life says scheme members and their families […]

What can drive the India story forward?

By Kunal Desai, head of Indian equities, Neptune Since the election of Narendra Modi as prime minister in May 2014, Indian equities have gone on to outperform both developed and emerging markets. A busy period of governmental and economic reforms, a lower oil price and falling political risk have been the primary drivers over this […]


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