Teachers Assurance Achieves Top Ten Position for With-Profits Fund

BOURNEMOUTH, England, June 8, 2011 /PRNewswire/ -- Teachers Assurance is pleased to announce that it has once again been awarded a top ten position for the returns on its Teachers Provident With-Profits Fund*.

David Furniss, Chief Executive comments: "Teachers Provident's results reflects the many changes we have made over the last few years to improve our investment returns for our With-Profits members. We set out a rigorous agenda five years ago to improve investment performance, control costs and deliver returns back to our members in the form of policy benefits such as guaranteed returns on their savings and investment plans." He added "Reaching the top ten shows we are progressing ever closer to achieving our goal."

This is excellent news for the company and members alike as it means that the hard work put in over recent years has not gone unnoticed.

Coming so soon after the announcement that Teachers Assurance will be returning 4m pounds Sterling in Special Bonuses to its members, this reaffirms its commitment to running an organisation that exists for the sole purpose of benefiting their members and customers.

To find out more about With-Profits saving plans please visit Teachers Assurance.

*Source Money Management April 2011: Actual results for policies maturing on 1st February 2011. Based on a male life, age 30 next birthday at outset, paying a gross premium of 50 pounds pm.

For more information please contact Tina Flower, Head of Membership Services on 01202 435147

About Teachers Insurance

Teachers Assurance has been looking after the financial interests of education professionals and their families since 1877.  It is a mutual, friendly society that provides financial education and tailored insurance, savings and investment products for those employed in the education sector.

Being a mutual organisation means we have no shareholders to pay, so all our profits are reinvested for customers who entrust their money to us or buy products through us.

To find out more about the products and services offered by Teachers Assurance, visit www.teachersassurance.co.uk or call Freephone 0800 056 0563

Press Enquiries:  Rosie Box Tel: 01202 237137   Email: [email protected]

SOURCE Teachers Assurance