L&G extra bond allocation

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Legal & General is offering extra allocation of up to 1.3% on its income distribution bond. For inve...

Legal & General is offering extra allocation of up to 1.3% on its income distribution bond. For investments of between £5,000 and £14,999 in its Capital & Income Growth bond the group is providing an extra 0.5% in allocation taking the rate to 102.5%. The group is offering 0.8% in additional units for investments of between £15,000 and £29,999 taking the rate to 103.8%. For investments of £30,000 and over the allocation goes up by 1.3% to 105.3%. The offer is open up to 1 September. The product has paid out a rising income distribution every year since 1995, when it paid 5.13p per unit. T...

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