Norwich Union

Norwich Union has halved the minimum purchase price for an enhanced annuity to £10,000.

Norwich Union will cut charges on Norwich Union Stakeholder Pensions and Individual Your Pension Select products on Monday.

Norwich Union (NU) has handed over control of its UK Income Opportunities fund to Daniel Roberts, who will align its strategy closer to his UK Equity Income offering.

Norwich Union today launches an initiative to return £40m in unclaimed assets back to its customers.

Norwich Union will add 38 funds to its pension range from previously unavailable managers includuing Artemis and M&G.

Norwich Union (NU) life and pension sales have fallen to £8.75bn in 2007, from £8,79bn for the same period last year.

Norwich Union will extend children's critical illness cover, introduced as a standard inclusion from August 2003 onwards, to all CI policies with immediate effect.

David Barral, Norwich Union's distribution director, says advisers in firms which are partly or wholly owned by providers should not be called 'independent' in a post RDR world.

Norwich Union has seen an 11% increase in critical illness (CI) payments since 2005, following initiatives to drive down non-disclosure.

An academy set up to improve the skills of its underwriters has been launched by Norwich Union.