Prudential has maintained the annual bonus rates on its with-profits policies but suggests conditions are improving as the average MVR on the Prudence Bond has now fallen to 2.5%.
Details of the latest with-profits bonus payouts are set out in the Pru’s first with-profits report, which provides examples of potential payouts across various products and policy terms, along with a full investment breakdown of assets and an update on its mortgage endowment shortfalls. Final bonus rates are set to stay at the same level of increase on all individual unitised with-profits policies, says the Pru’s with-profits bonus announcement 2005 report, as the fund has seen a 13.4% gross investment return compared with 11.25% on the FTSE 100 index. Despite the improved performanc...
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