UK: January sale at Norwich Union delivers online share dealing bargains
27 December, 2001
Norwich Union has slashed the cost of using its online share dealing service. From January 7, it will cost just Ł5 a trade - less than half the cost of most online share dealing services.
Inexperienced investors can 'try before they buy' using 'virtual' portfolios of shares or funds, without having to commit any money. This allows you to monitor performance and get to grips with investing online before actively making any monetary commitments.
Despite being driven by the latest technology, Norwich Union is keen to retain the personal touch, with customers able to talk to a contact centre manned by qualified consultants for help or guidance.
Commenting on the offer, Rob Davies, brand manager, Norwich Union, said: "Many people have wanted to manage their portfolios more actively but have been put off by the perceived complexity and costs. Our introductory offer of only Ł5 a trade is a great way for people to try online share dealing and find out how easy, fun and profitable it can be."
Norwich Union's online share dealing service is one of a number of products and financial tools that can only be found at www.norwichunion.com.
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Press contact:
David Ross at Norwich Union on 08703 66 68 67
Notes to editors:
- Please remember that past performance is no guide to future performance. These are risk investments and their value, and any income from them can go down as well as up.
- The Norwich Union online share dealing service is provided by Pershing Securities Limited (Pershing) who are regulated by the Financial Services Authority. By using the service, customers will form a contract with Pershing and all share trades effected by you will be with Pershing. To market the service, Norwich Union Wealth Management Limited is regulated by the Financial Services Authority for investment business.
- The Ł5 per deal plus stamp duty and/or PTM levy if applicable is a special offer which commences on 7 January 2002 and will finish on 31 March 2002. The operation of this special offer is entirely within our discretion, further we reserve the right to withdraw the offer at any time.
- Norwich Union's online personal finance service was launched in May 2001 and provides a comprehensive range of free, interactive financial planning tools and impartial money guides, designed to help people make better financial decisions by making complex money matters simple.
- A fund supermarket Isa and share dealing service are the first in a range of products that will subsequently include a number of banking products.
- Norwich Union is the UK’s largest insurer offering a comprehensive range of long-term savings and general insurance products.
- Norwich Union’s news releases are available on this internet site
- A selection of images are available from the Norwich Union Newscast site at www.newscast.co.uk
- An ISDN facility is available for studio quality interviews. Call the press office on 08703 66 68 68
For all life and pension media enquiries 08703 66 68 73
For all other media enquiries 08703 66 68 68
