On Thursday 18 February 2016, we announced bonus rates for all our with profits plans for 2015, after delivering a return of 3.1% 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 5.5% per annum before tax. Past performance is not a guide to future performance.
Jackie Noakes, Managing Director, Savings said:
“One of the main advantages of a with profits investment is the ability to protect our customers against short-term market volatility by ‘smoothing’ payouts. 2015 was a challenging year for investment markets but we have actively allocated the fund across a broad spread of assets achieving another year of positive returns. This means that our with profits customers continue to see steady growth on their investments over the long-term, well in excess of inflation.”
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 2016:
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.