Yearly bonus declaration: funds where bonus is declared in advance
The contracts in this category are:
- SEF, BRAP, Money Plus and the Money Purchase Plan (see specific rates below)
- any with-profits pensions contract that lets you invest in a unitised fund and is invested in the WP2, DAF or DA2 funds (see specific rates below)
- any with-profits business under a Performance Bond contract taken out between 1 November 1996 and 30 September 2002
If you took out a with-profits Performance Bond contract between 1 November 1996 and 30 September 2002, the relevant bonus rate is ‘Unitised With-Profits – Life WPB fund’. The exception to this is if you have a contract variant with a yearly management charge of 1.5%, in which case the relevant bonus rate is ‘Unitised With-Profits – Life WPB fund’ (1.5% annual management charge (AMC) version).
The rates shown apply to the accrued unit fund.
| From 1 April 2008 | From 1 April 2007 | |
|---|---|---|
| Life WPB fund | 0.25% | 0.25% |
| Life WPB fund (1.5% AMC version) | Nil | Nil |
| Pensions WP2 fund | 2.50% | 1.25% |
| Pensions DAF fund | 4.00% | 3.00% |
| Pensions DA2 fund | 0.50% | Nil |
| Pensions SEF fund (contribution paying) | 2.00% | 4.50% |
| Pensions SEF fund (paid-up) | 1.25% | 3.75% |
| Pensions BRAP fund | 1.00% | 3.50% |
| Pensions Money Plus fund (accumulation) | 1.00% | 3.50% |
| Pensions Money Plus fund (initial) | Nil | 1.00% |
| Pensions Money Purchase Plan fund (accumulation) | 2.00% | 4.50% |
| Pensions Money Purchase Plan fund (initial) | Nil | 2.50% |
If you’d like any further information about our bonus rates, please contact your financial adviser in the first instance, or call our Customer helpdesk on 08456 10 00 10. If you have any general questions about our with-profits funds please read the Guide to investing in our with-profits funds.
