CGU Life 100% with profits bond

CGU Life has launched a 100% with-profits fund option for its Portfolio Investment Bond. This enables customers to invest 100% of their funds in the unitised with-profit fund, compared to the previous threshold of 75%. The CGU Life Portfolio Bond will continue to offer investors a choice of investment options to match risk to reward, including the Guaranteed Fund. There is also access to 16 unit linked funds in addition to the unitised with-profit fund. John Enos, head of IFA business at CGU, said: "The bond particularly suits investors who want more from their lump sum savings than can...