Axa changes with-profits bonus rate

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Axa has changed its with-profits bonus rates for customers investing in the AXA Sun Life Assurance Society (ASL) With Profits fund.

The provider has raised regular bonus rates for most of the fund’s unitised policies by up to 1.25% since September 2006. Axa has also raised bond payouts by up to 8% while it will increase payouts for most other policies or keep them unchanged. Last month the group’s interim results for the UK and Ireland businesses showed underlying earnings reached £160m, 3% ahead of H1 2006 levels at £156m. To comment on this story contact: Jennifer Bollen Reporter Tel: 020 7034 2679 E-mail: [email protected] IFAonline

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