Nuffield investing in healthcare services

clock

Nuffield Health has raised £18.6 million for its Nuffield Health Bond, surpassing its initial target of £15m.

Funds raised will be invested in the charity's healthcare services across the country that focus on prevention, fitness and wellbeing.

The Nuffield Health Bond is a five-year fixed term product which offered a fixed annual return of 6% (gross) in cash for investments of between £1,000 to £250,000.

More than 1,300 individuals invested in the bond, with the average investment amount being £14,000 per person.

KP Doyle, group chief financial officer for Nuffield Health, said: "We are delighted with the support shown from stakeholders in our bond. Going significantly beyond our £15m target shows the trust our customers and staff have in the Nuffield Health brand.

"Nuffield's balance sheet is one of the strongest in our sector and given the demonstrable demand for the Health Bond, we will to continue to explore innovative sources of funding to promote our vision of 21st century healthcare."

More on PMI

Three quarters of adults say private healthcare is unaffordable
PMI

Three quarters of adults say private healthcare is unaffordable

Benenden Health research shows

Jaskeet Briah
clock 26 March 2024 • 2 min read
NFP acquires PMI intermediary
PMI

NFP acquires PMI intermediary

Bolstering employee benefits capabilities

Jaskeet Briah
clock 26 March 2024 • 1 min read
Corporate demand drives insured private health admissions
PMI

Corporate demand drives insured private health admissions

Self-pay admissions are plateauing

Jaskeet Briah
clock 25 March 2024 • 2 min read

Highlights

COVER Survey: Advisers damning of protection insurer service levels

COVER Survey: Advisers damning of protection insurer service levels

"It takes longer than ever to get underwriting terms"

John Brazier
clock 12 October 2023 • 5 min read
Online reviews trump price for young people selecting life and health cover

Online reviews trump price for young people selecting life and health cover

According to latest ReMark report

John Brazier
clock 11 October 2023 • 2 min read
ABI members with staff neurodiversity policy nearly doubles

ABI members with staff neurodiversity policy nearly doubles

Women within executive teams have grown to 32%

Jaskeet Briah
clock 10 October 2023 • 3 min read