Summary
Norwich Union has attempted to break the deadlock over the fate of its pounds5.2bn inherited estate, which could see endowment policyholders get a windfall.
The insurer has announced a one-off pounds2.1 billion bonus for policyholders, plus a fresh offer to their advocate that is expected to result in higher windfall payments.See the full content of this document
Extract
An End to Endowment Deadlock?
The company, which is the UK arm of insurer Aviva, said the bonus payment and the improved reattribution off...
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