Norwich Union adds 23 funds to pensions products

Norwich Union, part of Aviva, has introduced an additional 23 funds to selected pensions products, including HSBC Amanah Global Pensions - HSBC's Shariah law-compliant fund and Schroder's flagship Diversified Growth fund.

In addition, the stakeholder fund range has been standardised so each stakeholder product shares the same 55 funds. The initiative is the latest in a series of launches to offer a wide range of quality and market-leading funds to meet consumer demands.

Iain Oliver, head of pensions, said, "These additional funds boost Norwich Union's already extensive pensions investment proposition and demonstrate our ongoing commitment to deliver the most up-to-date and in-demand investment options to our products.

"The launch will ensure that Norwich Union remains relevant to the market and also, through our rigorous fund governance process, that we continue to add the most in-demand and cutting edge funds to our pension products."