Norwich Union confirms that it will be announcing its offshore with-profits regular bonus rates and final bonus rates for existing policyholders, on Tuesday 18 January 2005.
Norwich Union confirms that it will be announcing its offshore with-profits regular bonus rates and final bonus rates for existing policyholders, on Tuesday 18 January 2005.
Norwich Union International also confirms that the regular bonus rates payable on new offshore, unitised with-profits policies in 2005 will be maintained at the following rates until further notice:
| Sterling | 5.00% |
| Dollar | 4.75% |
| Euro | 4.75% |
A first year final bonus rate of 1.75% will also apply.
These are explicit charged policies, with the bonus rate being expressed as a gross rate before deduction of the annual fund management charge of 1% for life policies and 1.25% for capital redemption policies.
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For further information:
Mike Gogan
Norwich Union International
00 353 1 802 8415
Christine Wood
Financial Dynamics
020 7269 7253
Notes to editors:
Future bonus rates are not guaranteed and may vary. Past performance is not a guide to the future. Norwich Union is the UK's largest insurer. It is a leading provider of life, pensions and investment products and one of the leading IFA providers. IFAs provide around 75% of the company's long-term savings business. Norwich Union has strategic alliances with building societies and other leading UK brand names including Tesco Personal Finance 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. // -->