Norwich Union investments improved

Norwich Union investments are to get a face-lift, with extra funds and an online portfolio planning tool to be added to the product range next week.

The company is to add 32 funds to the range of funds available through its Portfolio investment bond Launch Forecast.

It will also offer an online portfolio planning tool designed to help advisers find the right portfolio mix for their clients.

The new fund additions to Norwich Union insurance products will ensure Portfolio offers a choice of investment styles across all major asset classes, the company has said.

Forecast will show the benefits of financial planning and demonstrate how a planned portfolio can produce better returns than an unplanned portfolio.

It will also encourage clients to spread investments through a range of holdings and sectors, and educate investors about the impacts of portfolio changes and how this might affect risks and return

Neil Davies, head of investments at Norwich Union, said: "The key to successful investing is robust portfolio planning, but delivering the portfolio recommendations that clients need can be time-consuming and complex for advisers.

"More choice for consumers can mean more administration and research for advisers. Forecast can make this job easier for IFAs."