Scottish Life, part of the Royal London Group set to become the industry's biggest mutual once Standard Life demutualises, has announced terminal bonus rates.
Effective from 13 September, the lower rates "reflect the performance of the stock market in recent years" the provider says. Terminal bonus: Term Idividual life policies Pensions regular premiums Pensions single premiums 10 - at 13/09/04 1.0% 10.0% 20.0% at 01/01/04 7.0% 17.0% 27.5% at14/04/03 8.0% 13.0% 20.0% 15 - at 13/09/04 6.0% 12.0% 9.0% at 01/01/04 10.0% 20.0% 23.0% at 14/04/03 12.5% 17.5% 25.0% 20 - at 13/09/04 8.5% 20.0% 40.0% at 01/01/04 15.0% 27.5% 60.0% at 14/04/03 22.5% 30.0% 80.0% 25 - at 13/09/04 40.0% 60.0% 160.0% 01/01/04 50.0% 75.0% 170.0% ...
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