Wesleyan with-profits bonds sales up 76%

The Society also achieved a 24.9% increase in new annualised premiums (new annual premiums plus 10% of single premiums) after allowing for exceptional items. Craig Errington, Wesleyan’s chief executive, says: “2007 has been a year of steady and successful growth for Wesleyan. As the general economic outlook remains uncertain, people will want to think carefully about where to invest their cash. “Wesleyan’s financial strength underpins our success in the with-profits market; also as a mutual we are able to pass on any profits directly to our customers as there are no shareholders to cons...