L&G adds 2% allocation to with profits and income bonds

The bonds require a £5,000 minimum investment and have no fixed term but should customers should regard them as an investment for at least five years. Legal & General offers the rate to applications completed by December 31. Customers who have insured their lives for ages 80 to 89 will receive a reduced allocation rate of 2.5%. Mark Gregory, managing director of with profits at Legal & General, says: “We believe that With Profits remains an excellent long term savings choice for our customers and the extra allocation currently being offered makes this a good time to invest.” To co...