Scottish Widows cuts with-profits bonus rates

clock

Scottish Widows has announced further cuts its with-profits policies which sees the payouts on bonds reduced by 0.5%.

Rates on the Flexible Options bond growth fund - remain unchanged at 5% payout but regular bonus rates on the Flexible investment bonds, Jersey with-profits bonds and investments in the Flexible Options bond income fund (2002) are reduced by 0.5% with effect from July 1st. The newer Flexible Options bond income fund with investments from H1 2003 will see regular bonus payouts cut by 0.25%, albeit final bonus rates have increased, says Scottish Widows. Adrian Eastwood, actuarial director at Scottish Widows, says: "Stockmarkets still have a long way to rise to match their peak value...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Big games, big names… and smaller companies

Big games, big names… and smaller companies

'Brazil should be looking to the future rather than to the past'

Gabriel Sacks
clock 22 June 2026 • 4 min read
Why should investors back China in the worldwide robotics race?

Why should investors back China in the worldwide robotics race?

The race to identify Asia's hidden gems

Xin-Yao Ng
clock 19 June 2026 • 5 min read
UK small-caps – down and out or ready for a rope-a-dope?

UK small-caps – down and out or ready for a rope-a-dope?

'Our faith is rooted in our own in-depth research and direct engagement with businesses'

Eustace Santa Barbara
clock 19 June 2026 • 5 min read