Norwich Union to pay trail commission on property investment fund

Article date: 22 February 2007

Norwich Union is introducing trail commission onits Norwich Property Investment Fund. From 1 March 2007, theNorwich Property Investment Fund will pay fundbased renewalcommission at a rate of 0.35% pa on all new business.

IFAs can buy this fund directly or via fund supermarkets and thirdparty platforms and wraps, as well as Norwich Union’s wrapplatform, Lifetime.


Press office contacts:
Sarah Horner 01904 452828 Out ofhours 07800 691569
Louise Soulsby 01904 452617 Out of hours 07800 699526

Notes to editors:

About the Norwich Property Investment Fund
The NorwichProperty Investment Fund was launched in March 2003. It has beenhighly successful and has raised £330 million. The fund is managedby David Wise, who last year celebrated 20 years with the group andis part of the 100-plus strong team that manages over £26 billionof property assets.

Asset allocations for the Norwich Property Investment Fundare:

Asset Weightings (as at 31/01/2007)
Direct Property 86.4%
Property Bonds 3.7%
Cash 9.9%

Sector Holdings (direct property) (as at 31/01/2007)
Offices 47.1%
Industrial 18.7%
High Street Retail 18.7%
Retail Warehousing 15.5%

If you would like more details on the fund please call thededicated support desk on 0800 0154773.

About Norwich Union
Norwich Union is the UK’slargest insurer. It is a leading provider of life, pensions andinvestment products and one of the largest financial adviser (FA)providers. FAs provide over 70% of the company's long-term savingsbusiness in the UK.

Norwich Union is the UK’s largest general insurer with amarket share of around 14%, with a focus on insurance forindividuals and small businesses.

Norwich Union’s news releases and a selection of images areavailable from Aviva's internet press centre at

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