Norwich Union is offering a with-profits fund with a capital guarantee as part of its stakeholder ...
Norwich Union is offering a with-profits fund with a capital guarantee as part of its stakeholder product amid claims that it could weaken the returns of non-stakeholder members and weaken the position of the company as a whole. Norwich Union's product offers a with-profit fund as an investment option for its stakeholder pension product. The group claims it will be able to guarantee the fund in the event of insolvency because of the size of Norwich Union. Standard Life is also offering with-profit stakeholder products but it does not feature a capital guarantee. It is argued that c...
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