Wesleyan with-profits bonds sales up 76%

clock •

Wesleyan Assurance Society, the financial services specialists for the medical, dental, legal and teaching professions, announced a 76% increase in sales of with-profits bonds during 2007.

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 co...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Most client meetings happen without one of the advised couple present

Most client meetings happen without one of the advised couple present

More than half of clients said they hold the adviser relationship in their name only

Laura Miller
clock 17 September 2026 • 2 min read
Titan Wealth to provide financial education to pro cricketers

Titan Wealth to provide financial education to pro cricketers

Professional sport comes with 'a very different financial journey'

Laura Miller
clock 16 September 2026 • 2 min read
CII New Gen group takes on young adviser shortage

CII New Gen group takes on young adviser shortage

Hollee Vivian launches initiative with adviser peers

Isabel Baxter
clock 15 September 2026 • 4 min read