The With Profits Flexibond offered by Norwich Union has been withdrawn and increased charges on its Portfolio Bond. For investments up to £5,000, under the new terms 100% will be invested compared to the previous 101%. The amount invested decreases from 102% to 100% for investments between £10,000 and £25,000.
NU have confirmed that they are still committed to with profits and that the changes were a commercial decision in the market.
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