Norwich Union, part of Aviva, has introduced an additional 23 funds to selected pensions products, including HSBC Amanah Global Pensions - HSBC's Shariah law-compliant fund and Schroder's flagship Diversified Growth fund.
Norwich Union, part of Aviva, has introduced an additional 23 funds to selected pensions products, including HSBC Amanah Global Pensions - HSBC's Shariah law-compliant fund and Schroder's flagship Diversified Growth fund.
In addition, the stakeholder fund range has been standardised so each stakeholder product shares the same 55 funds.* The initiative is the latest in a series of launches to offer a wide range of quality and market-leading funds to meet consumer demands.
Iain Oliver, head of pensions, said: "These additional funds boost Norwich Union's already extensive pensions investment proposition and demonstrate our ongoing commitment to deliver the most up-to-date and in-demand investment options to our products.
"The launch will ensure that Norwich Union remains relevant to the market and also, through our rigorous fund governance process, that we continue to add the most in-demand and cutting edge funds to our pension products."
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* A list of new funds is available separately via e-mail
Press office contact:
Cheryl Cox 01904 452791 / out of hours 07800 695 275
Sarah Poulter 01904 452828 / out of hours 07800 691 569
Notes to editors:
About Norwich Union
Norwich Union is one of the UK's biggest life insurers. It is a leading provider of life, pensions and investment products and one of the largest financial adviser (FA) providers. FAs provide over 70% of the company's long-term savings business in the UK.
Norwich Union has strategic alliances with building societies and other leading UK brand names including CIS and The Royal Bank of Scotland Group. Norwich Union's news releases and a selection of images are available from Aviva's internet press centre at www.aviva.com/media
In the summer of 2009 Norwich Union will change its name to Aviva. Aviva is the world's fifth largest insurance group and operates in 27 countries. Aviva is to become the customer brand worldwide, thus enabling the company to compete even more effectively on a global scale for the benefit of customers, staff, business partners and shareholders.