We announced our with-profits bonus review on Tuesday 1 August - the key messages are:

  • Most customers will have seen their plan value decrease overnight on 1 August. This is because we have reduced final bonus rates reflecting recent investment returns.
  • Regular bonus rates were not part of this review and are therefore unchanged from the rates we announced in February.
  • Customers continue to benefit from smoothing and the guarantees that apply under their plans.
  • For eligible plans, we are also topping up plan values by around 5.7% from the inherited estate.

Further details can be found in the With Profits documents in our Literature section.

The information on this site is for qualified financial advisers and must not be relied on by anyone else. If you are not an adviser please go to our customer website for more information about our products and services.