WITH PROFITS BONUS DECLARATION.

Find out all you need to know about our latest bonus declaration, including investment returns, asset mixes and bonus rates for our with profits products.

2014 Bonus Declaration.

AN OVERVIEW OF OUR PERFORMANCE IN 2014

On Thursday 19 February 2015, we announced bonus rates for all our with profits plans for 2014, after delivering a return of 9.6% 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 7.0% per annum before tax. Past performance is not a guide to future performance.

COMMENT FROM LEGAL & GENERAL’S MANAGING DIRECTOR, MATURE SAVINGS

Jackie Noakes, Managing Director, Mature Savings said:

“Our with profits customers will benefit from another year of strong investment returns for 2014 of 9.6%. This clearly demonstrates the benefits for our existing customers of remaining invested with a 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 payouts."

FINAL BONUS

THIS ONLY APPLIES IF YOUR PLAN/POLICY HAS A FINAL BONUS

We made a decision this year to change the look and feel of our bonus declaration communication so there’s a clear distinction between this and your annual statement/review letter. The changes in your bonus letter includes no longer showing the final bonus rate as we have done in previous years as the sole purpose of the bonus declaration letter is to inform you of the annual bonus allocated for 1 January to 31 December 2014. This means that you can’t directly compare the figures in your bonus declaration letter with those in your annual statement/review letter.

This change to our communication does not affect the final bonus that may apply to your policy/plan when you leave with profits. The final bonus rate is still available for your information, but because final bonus is not guaranteed, can change without notice and we may decide not to pay any final bonus we don’t want you to rely on the final bonus being a definite addition to the value of your policy/plan.

 

Bonus statement mailing dates

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 2015:

  • With profits annuities - March to April 2015
  • With profits bonds - February to May 2015
  • With profits endowments and savings plans - May 2015
  • With profits pensions - June to July 2015
Find out more about the performance of the assets we hold for our with profits policies
Read our view on how the markets performed last year


BONUS RATE FINDER

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.

This is not a consumer advertisement. It is intended for professional financial advisers and should not be relied upon by private customers or any other persons.