LV= with-profits bonuses up to £76m

Laura Miller
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The LV= with-profits fund generated a return on investment of 15.4% in 2009.

An estimated £76.3m in bonuses will be added to the company's with-profits policies. Annual bonus rates on currently-sold with-profits show increases for the 2008 entry pensions annuity of 1.7% compared with last year, the 2009/10 entry pension annuity of 2.5% and the income bond of 0.25% on 2008. However bonus rates were cut on the 2007 entry pensions annuity, and held on Life ISA, flexible savings plan, personal pensions, growth bond and the tax-free savings plan. The company says with further equity market volatility likely in the future, it has taken the opportunity in the ...

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