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

Regulators publish joint consultation on DC pensions value for money

Regulators publish joint consultation on DC pensions value for money

'Pension schemes' performance will be public with a simple rating system'

Martin Richmond
clock 08 January 2026 • 5 min read
Female clients twice as likely to be unhappy with their adviser than men

Female clients twice as likely to be unhappy with their adviser than men

Dissatisfied with communication, trust and adviser/client relationship

Isabel Baxter
clock 08 January 2026 • 2 min read
Why the 'comfortable middle' faces a tougher decade ahead

Why the 'comfortable middle' faces a tougher decade ahead

‘From a client’s perspective, it feels like earning more while keeping less’

Anthony Villisis
clock 08 January 2026 • 5 min read