Final payouts on Norwich Union with-profits funds could be down up to 15% on last year although regular bonus rates have been held on conventional policies.
Final payouts on Norwich Union with-profits funds could be down up to 15% on last year, although regular bonus rates have been held on conventional policies.
Norwich Union(NU) has introduced market value reductions (MVRs) of between 13% and 22% on unitised with-profit policies in response to turbulent market conditions.
Norwich Union is reducing final bonus payouts on its with-profits investments by around 7.5%, the insurer announces today.
Norwich Union (NU) has reduced final bonus rates on its with-profits policies.
Only 1pc of IFAs say they have a "very positive" view on with-profits based investments, with more than three out of five (63pc) taking a negative view, according to research carried out by Managing Partners Limited (MPL).
Managing Partners Limited (MPL) has documented an increase in dissatisfied with-profits policyholders, who it is pointing towards Traded Life Policies (TLPs).
STANDARD Life has announced year-on-year increases in the payout values across its with-profits plans.
ALMOST all US investment managers remain cautious on the outlook for the US economy and the dollar regardless of their investment style, market cap bias or investment horizon, according to Standard & Poor's (S&P).