Royal London holds with profits bonus rates

clock

Royal London has maintained bonus rates on with profits policies while increasing the majority of final payouts.

From 1 January, regular bonus rates will be hold for Royal London policies and held or increased for Scottish Life policies. In addition, most final bonus rates have increased for both Royal London and Scottish Life when compared with January last year. Final bonus rates for Royal London regular premiums has increased from 24.6% to 27.7% for a 15-year term, from 46.5% to 50.4% for 20-year term products and from 62.5% to 69.7% for 25-year term products. Meanwhile, the annual bonus rate on Scottish Life conventional with profits endowments were held at 0.1%, while the annual bonus fo...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on With Profits

With-profit insurers embrace 'emerging' risk management solutions

With-profit insurers embrace 'emerging' risk management solutions

‘Emerging solutions can be transformational’

Ayesha Venkataraman
clock 08 February 2022 • 2 min read
Royal London policyholders back move to consolidate three closed with-profits funds

Royal London policyholders back move to consolidate three closed with-profits funds

Shift to Royal London Open Fund

Jenna Brown
clock 10 November 2021 • 1 min read

Bradbury Hamilton's long game sees profits surge 168%

Strong results are 20 years in the making

Nicola Brittain
clock 18 January 2016 • 1 min read