NU maintains bonus rates for unitised with-profits

Rates paid on new unitised with-profits policies for the coming year are set to remain at the following levels for now: Life and Investment policies at 4.25% Pension policies at 4.00% Stakeholder pensions at 3.50% These are explicit charged policies, with the bonus rate being expressed as a gross rate before deduction of the 1% annual fund management charge. Peter Hales, sales and marketing director of Norwich Union, said: "Through maintaining regular bonus rates for new unitised policies, combined with the current first year final bonus rate of 1.75% on life policies, we believe ...