The Without-Profit Funds ; Moneymail: Comment

Daily MailJanuary 17, 2007

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Summary


THE LAST WORD by Tony Hazell

ANYONE still clutching a mortgage endowment might have hoped that payouts would start increasing again, especially as the stock market has been rising with scarcely a pause for almost four years.

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The Without-Profit Funds ; Moneymail: Comment

So they will have been sadly disappointed by figures produced by Norwich Union and Friends Provident over the past week. Norwich Union controls four with-profits funds and they are all paying out less to investors than last year.

Incredibly, half of all the ...

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