AIG Life offers special bond rate

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AIG Life has launched a special rate on its Guaranteed Income Bond offering assured rates of up to 5% AER.

Available though IFAs, the offer has also been opened up to AIG Life's high net worth distribution partners. With investment terms of between six and 12 months, those investing over £500,000 will receive 5% AER, while investors with between £100,000 and £499,999 will get a return of 4.93% AER. Savers with £25,000 to £99,999 invested will be paid 4.67% AER. AIG says all rates are gross equivalent for higher rate taxpayers after the deduction of 0.25% commission. Early encashment penalties apply. "By offering our special rates on the Guaranteed Income Bond through the IFA channel we can...

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