Supplement 3 - Analysis of France long-term savings by distribution channel

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  Single Regular Total
  12
months
to
31 Dec
2004
£m
12
months
to
31 Dec
2003
£m
Local
currency
growth (1)
12
months
to
31 Dec
2004
£m
12
months
to
31 Dec
2003
£m
Local
currency
growth (1)
Local
currency
growth (1)
AFER              
- Euro funds 1,389 1,157 23% - - - 23%
- Unit-linked funds 205 68 207% - - - 207%
  1,594 1,225 33% - - - 33%
 
Bancassurance partnership with Crédit du Nord              
- Euro funds 80 - - 2 - - -
- Unit-linked funds 22 - - 5 - - -
  102 - - 7 - - -
 
Other              
- Euro funds 276 408 (31%) 13 13 (8%) (30%)
- Unit-linked funds 441 276 63% 25 14 63% 63%
- Protection 41 41 4% 17 19 (9%) -
  758 725 7% 55 46 24% 8%
 
Total France long-term savings 2,454 1,950 29% 62 46 37% 29%
(1) Growth rates are calculated based on constant rates of exchange.
(2) Euro funds are savings that receive an annual bonus declaration,
     based on the investment performance of the underlying funds.


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