On Thursday 20 February 2014, we announced bonus rates for all our with profits plans for 2013, after delivering a return of 9.1% on the assets we hold for with profits policyholders. This return is before we have taken off investment expenses, tax and any policy charges. Over the past 10 years, assets invested for customers in Legal & General’s With Profits Fund have delivered a return of 7.3% per annum before tax.
Carole Avis, Managing Director With Profits said: "Legal & General’s with profits customers will benefit from another year of strong investment returns for 2013 of 9.1%. This clearly demonstrates the benefits of investing with a leading with profits provider operating active management of a balanced asset mix. By investing in a broad spread of assets we continue to deliver steady growth to our policyholders who also benefit from protection from market volatility through ‘smoothing’ of pay outs."
We send all our with profits customers an annual bonus statement showing how their plan has performed over the previous year. Please use the following dates as a guide to when statements will be mailed in 2014:
Use this tool to find current and previous with profits bonus rates. The tool is easy to use with instructions throughout but if you do have any difficulty accessing it, go to the Bonus Rate Finder page for help.