NPI is part of Pearl Group Limited, a specialist owner/manager of long-term savings and investment portfolios which also includes Pearl, Phoenix, London Life, Scottish Mutual and Scottish Provident. NPI’s primary focus is looking after £5.4 billion of assets in our closed funds on behalf of our 531,000 policyholders

As part of Pearl Group, NPI also provides access to a range of financial products including car, home and travel insurance; equity release plans to boost retirement income; and commercial insurance for your business.

Pearl Group Limited is backed by two large investment organisations, Sun Capital Partners and TDR Capital, both of which are committed, experienced and long-term investors, focused on the key areas of importance to policyholders, namely long-term investment returns, financial security and service.

* NPI now includes the closed life funds of Pearl Assurance (Unit Funds) Limited, Pearl Assurance (Unit Linked Pensions) Limited and London Life Linked Assurances Limited following the transfer of business to them from other Group companies on 1 October 2006. A fund is defined as ‘closed’ if no new policies are being sold, ie. it is closed to new business. In the UK, there are approximately 70 closed life funds with a value of more than £290 billion, amounting to one fifth of the long-term insurance sector.

Our history

Visit our history page to find out more about NPI’s history, dating back to 1835.