Britannic with-profits

Britannic Assurance is setting a minimum withdrawal level on the immediate income facility the group is to add to its with-profits bond later this autumn, writes Leo Bland Investors wishing to make withdrawals must take out a minimum of £100 regardless of the withdrawal option chosen. Britannic is to offer a monthly, quarterly and annual facility as well as an option which will pay out three times a year This option is designed to cover expenses such as school fees. The immediate income facility is set to be introduced at the end of October or beginning of November. There will be no charg...