With profits with guarantee - NU's new tack

The insurer says the guarantee will apply regardless of how the market fares over the time period. The offer will remain open between now and the year-end, unless it becomes fully subscribed before then, NU says. It will also apply to offshore with-profits investments in the Norwich Union International Core Fund Bond and Norwich Union International With-Profit Bond. Neil Davies, head of investment product development at Norwich Union, says: "We are further improving our with-profits bond offering with a guarantee to return investors’ money after five years, regardless of what happ...