Bonus rates go up on Axa with-profits

A statement issued this morning by Axa reveals investors in the Axa Sun Life bonds, pension and stakeholder pensions will receive an extra 0.75 percentage points on their previous bonuses, as “the good investment returns of the last two years have been consolidated in 2006”. The firm claims payouts on maturing policies have in some cases increased by up to 6% compared with the previous period, while MVR have reduced to between 2% and 5% of a policy, to give a return of around 7% pa on 20-25-year policies while five-year bonds have increased in value by 9% and 10-year bonds have increased t...