Norwich Union, the leading UK life and pensions business, has pledged its support for the new Raising Standards Quality Mark Scheme, an ABI initiative designed to raise standards for consumers throughout the industry.
Norwich Union, the leading UK life and pensions business, has pledged its support for the new Raising Standards Quality Mark Scheme, an ABI initiative designed to raise standards for consumers throughout the industry.
A new independent body - the Pensions, Protection and Investments Accreditation Board (PPIAB), along with the new standards and the Quality Mark, are being launched today at a major event in central London.
Graham Berville, Director of Marketing Operations at Norwich Union commented, "As the largest life and pensions provider, Norwich Union has always been fully supportive of this initiative and the benefits to consumers of standards being raised in the industry.
"This initiative will mean that consumers will be even more confident investing in the excellent products that Norwich Union offers and, in so doing, take greater control over their future. We are delighted to announce our commitment to achieving accreditation at the earliest possible stage and hope this view is shared throughout the industry."
Notes to Editors
- Norwich Union is the UK life and general insurance trading brand of holding company CGNU plc, which was created from the merger between CGU and Norwich Union on 30 May 2000.
- Following the merger of CGU and Norwich Union, a single marketing group for the Life business was formed on 2nd October via a major product range and branding launch. Prior to the merger, both CGU and Norwich Union were strong supporters of the SALTR initiative - now the Raising Standards Quality Mark Scheme.
Press Office contacts
Ian Frater - 01904 452 791
Helen Murray Wells - 01904 452 617