Norwich Union

Pensions
Loading
Pensions from: Norwich Union

URL: http://www.norwichunion.com

Address: Norwich Union, PO Box 4, Surrey Street, Norwich, NR1 3NG
Tel: 01603 622200


Norwich Union is an Aviva company. Aviva is the world's sixth-largest insurance group and the biggest in the UK. It is one of the leading providers of life and pensions products in Europe and has substantial businesses elsewhere around the world. Its main activities are long-term savings, fund management and general insurance.

Online instant quotes for cars, homes, travel and appliances. Also offers motorcycle, personal accident and payment protection cover.
Car insurance
Norwich Union launch revolutionary "Pay As You Drive"™ insurance. You pay a fixed monthly fee plus costs based on the miles you drive. A small Smart Box with its own GPS tracking system is installed into your car. The GPS technology monitors your journeys. Your premiums are then calculated based on your usage. In addition the Smart Box has a built-in stolen car locator.
Benefits of Norwich Union home insurance
  • 20% off buildings insurance for 5 years no claims
  • 10% off if you take out combined buildings and contents cover
  • We will replace your locks if your keys are stolen to protect you against burglary
  • We cover any TVs, PCs and stereo equipment for accidental damage as standard
  • Your belongings are replaced on a "New for Old" basis with brand new items (except clothes and linen)
  • Contents of freezer covered up to £400 and garden contents up to £250


8.9% APR typical For example, you borrow £7,000 over 5 years. You’ll make 60 monthly repayments, each of £142.62 by Direct Debit, starting three months after you get your loan cheque. The total amount you repay is £8,557.20, 7.9% APR



Norwich Union is not endorsed by or associated with the Good Finance Guide. All trademarks remain the property of their respective companies.

compare Norwich Union with other pension providers

Pensions FAQ
A pension is a tax-efficient means of providing for an income in retirement. The amount of income that the pension will provide will depend on the type of pension, the amount of contributions and how long a period those contributions have been made over.Pensions have traditionally been held by working people, but stakeholder pensions now allow for anybody to now possess and contribute to a pension.

A pension is essentially a long term savings scheme. In fact, it is probably the longest investment you will ever make. Once you invest money in a pension it is locked in place usually until you are over the age of at least 50, and it is very difficult, if not impossible, to release it early. It is obviously in the country's best interests for retired people to not be dependant on state benefits. Hence the government make putting money into pensions very attractive by offering tax relief on these contributions. The more tax you pay, the more attractive this is. Part of the price you pay for gaining this tax relief today is that you cannot get at your pension until a defined point in the future.

There are various different types of pension: employers', personal, stakeholder and state. In addition to these there are also various ways of "topping up" an inadequate pension: Additional Voluntary Contributions (AVCs) or Free Standing Additional Voluntary Contributions (FSAVCs).


suggested alternative searches: uk Pension | Pension | Pension uk | personal pension | pension scheme |
© 2004 the Good Finance Guide. All rights reserved. part of the 360clicks network
Disclaimer | Privacy policy | About us | Contact us