Norwich Union Adds Choice

Published / Last Updated on 28/09/2004

Your Pension, Norwich Union's Stakeholder Pension offering has just become more attractive to both existing and potential policyholders. 

The provider has announced another 21 funds for investors to choose from.   There are 14 new 'external' funds on offer from Fidelity, Schroder, Newton and Investec.  The others are managed by Norwich Union. 

Our View 

Whilst Norwich Union's administration in general is awful, their products are always innovative and competitively priced.   Your Pension is one of the easiest to understand for consumers and is probably one of the reasons it has been so popular in the Stakeholder market. 

The funds available so far have been diverse in terms of sector investment and levels of risk exposure. 

These new funds will add yet more choice, which can only benefit investors.

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