More misery for Norwich Union’s with-profits customers

As Norwich Union slashes final bonus rates on its with-profits funds by up to 15 per cent, Which? personal finance campaigner, Dominic Lindley, says: "This is yet more bad news for Norwich Union's long-suffering with-profits policy holders, who will be disappointed by the cuts in final bonuses.

"Norwich Union used a number of loopholes to deny its policy holders a fairer slice of its inherited estate, now their misery is being compounded by today's news."