Product category:
Savings and investment
News Release from: Standard Life Bank | Subject: With profits
Edited by the Insidemoneytalk Editorial
Team on 31 January 2008
With-profits bonus announcement
As a result of this bonus declaration there will be an increase in values and payouts across all types of withprofits plans.
In summary: Year on year increases in payout values across all types of with-profits plans An estimated £800 million of bonuses to be added to with-profits plans
Annual bonus rates maintained or increased for unitised with-profits plans.
Further reduction in the number of plans subject to Market Value Adjustments.
MVA free income levels increased for With Profits Bonds.
Continued distribution of Inherited Estate through enhanced payouts.
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