5. Analysis of UK long-term savings by distribution channel

	12 months 2007 £m	12 months 2006 £m	Local currency growth¹	12 months 2007 £m	12 months 2006 £m	Local currency growth¹	12 months 2007 £m	Local currency growth¹
	Single			Regular			Annual premium equivalent²
All growth rates are quoted in local currency. Annual premium equivalent (APE) is the UK industry’s standard measure of new regular premiums plus 10% of single premiums.

IFA
- life & pension products	6,337	6,155	3%	518	489	6%	1,152	4%
- investment products	1,238	1,610	(23)%	9	2	350%	133	(18)%
	7,575	7,765	(2)%	527	491	7%	1,285	1%
Bancassurance partnership with RBSG
- life & pension products	922	695	33%	48	59	(19)%	140	9%
- investment products	242	137	77%	72	41	76%	96	76%
	1,164	832	40%	120	100	20%	236	29%
Other partnerships and Direct
- life & pension products	1,686	1,462	15%	37	61	(39)%	206	(1)%
- investment products	1,051	664	58%	-	-	-	105	58%
	2,737	2,126	29%	37	61	(39)%	311	14%

Total UK long-term savings	11,476	10,723	7%	684	652	5%	1,832	6%

	12 months 2007 £m	12 months 2006 £m	Local currency growth¹	12 months 2007 £m	12 months 2006 £m	Local currency growth¹	Local currency growth¹
	Single			Regular			PVNBP
All growth rates are quoted in local currency. Euro funds are savings that receive an annual bonus declaration, based on the investment performance of the underlying funds.

AFER
- Euro funds²	1,286	1,170	9%	9	-	-	14%
- Unit-linked funds	431	482	(11)%	3	-	-	(7)%
	1,717	1,652	3%	12	-	-	8%
Bancassurance partnership with Crédit du Nord
- Euro funds	450	412	8%	3	4	(25)%	8%
- Unit-linked funds	216	285	(25)%	15	18	(17)%	(24)%
- Protection	1	1	-	1	1	-	(38)%
	667	698	(5)%	19	23	(17)%	(8)%
Other
- Euro funds	194	222	(13)%	5	6	(17)%	(15)%
- Unit-linked funds	578	516	11%	35	34	-	9%
- Protection	2	2	-	19	19	-	(7)%
	774	740	4%	59	59	-	1%

Total France long-term savings	3,158	3,090	2%	90	82	8%	2%

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