Partners Life figures revealed

This means that it would be the third biggest for new API behind Sovereign and OnePath. However Partners Life chief executive Naomi Ballantyne reckons it will move into second place next quarter ahead of her old company OnePath Life.

Partners Life figures aren't official as the Investment and Savings Association, which complies figures, has refused Partner's membership application.

After publishing the latest ISI stats Good Returns approached Partners for its figures.

Ballantyne says the business is evenly split between new policies and exisiting business. She says the 50:50 split is the industry standard.