Worldwide long-term savings new business – twelve months to 31 December 2005
Supplement 4
Analysis of UK long-term savings by distribution channel
| Single | Regular | Total | |||||||
|---|---|---|---|---|---|---|---|---|---|
| 12 months to 31 December 2005 £m |
12 months to 31 December 2004 £m |
Local currency growth1 |
12 months to 31 December 2005 £m |
12 months to 31 December 2004 £m |
Local currency growth1 |
Local currency growth1 |
|||
| IFA | |||||||||
| - life & pensions products | 4,715 | 4,825 | (2%) | 380 | 414 | (8%) | (3%) | ||
| - investment products | 650 | 392 | 66% | - | 1 | - | 65% | ||
| 5,365 | 5,217 | 3% | 380 | 415 | (8%) | 2% | |||
| Bancassurance partnership with RBSG | |||||||||
| - life & pensions products | 501 | 398 | 26% | 29 | 17 | 71% | 28% | ||
| - investment products | 86 | 53 | 62% | 20 | 17 | 18% | 51% | ||
| 587 | 451 | 30% | 49 | 34 | 44% | 31% | |||
| Other partnerships/Direct | |||||||||
| - life & pensions products | 1,357 | 1,279 | 6% | 76 | 85 | (11%) | 5% | ||
| - investment products | 403 | 395 | 2% | 1 | 1 | - | 2% | ||
| 1,760 | 1,674 | 5% | 77 | 86 | (10%) | 4% | |||
| Total UK long-term savings | 7,712 | 7,342 | 5% | 506 | 535 | (5%) | 4% | ||
- Growth rates are calculated based on constant rates of exchange.
Annual premium equivalent1
| Life and pensions sales | Investment sales | Total sales | ||||||
|---|---|---|---|---|---|---|---|---|
| 12 months to 31 December 2005 £m |
Local currency growth2 |
12 months to 31 December 2005 £m |
Local currency growth2 |
12 months to 31 December 2005 £m |
Local currency growth2 |
|||
| IFA | 852 | (5%) | 65 | 63% | 917 | (2%) | ||
| Bancassurance partnership with RBSG | 79 | 39% | 29 | 28% | 108 | 35% | ||
| Other partnerships/Direct | 212 | - | 41 | 2% | 253 | - | ||
| Total UK long-term savings | 1,143 | (2%) | 135 | 31% | 1,278 | 1% | ||
- Annual premium equivalent (APE) is the UK industry’s standard measure of new regular premiums and 10% of single premiums.
- Growth rates are calculated based on constant rates of exchange.
