What are the bonus rates for with-profits calculated in arrears?

Please read the Important information about the guarantees we offer section at the end of this page.

We announce our bonuses each April for the previous year and those bonuses that apply to claims in the balance of the current year. In June, we write to our with-profits customers with details of their bonus. You can check the most recent rates below.

The rates shown apply to both guaranteed benefits and accrued yearly bonuses.

Traditional with-profits

  Declared 31 December 2012 Declared 31 December 2013 Interim from 1 April 2014
Life 2.50% 2.50% 2.50%
Pensions 0.25% 0.25% 0.25%

Unitised with-profits

  Declared 31 December 2012 Declared 31 December 2013 Interim from 1 April 2014
Life WPC fund Nil Nil Nil
Pensions WPE fund Nil Nil Nil
Pensions WP1 fund Nil Nil Nil
Pensions Reflex Deposit Administration fund Nil Nil Nil

Note: While these unitised with-profits bonus rates are nil, there are significant associated guaranteed rates of growth under these funds:

  • Life WPC fund – 3.9% a year
  • Life WWP fund – 2.7% a year
  • Pensions WPE fund – around 5.5% a year
  • Pensions WP1 fund – 4% a year
  • Pensions Reflex Deposit Administration fund – 5% a year

You can find details of this in our Principles and Practices of Financial Management and Customer-friendly Principles and Practices of Financial Management.

If you’d like any more information about our bonus rates, please contact your financial adviser, or call our Customer helpdesk on 03456 10 00 39. If you have any general questions about our with-profits funds, please read the Guide to investing in our with-profits funds -  www.aegon.co.uk/content/dam/ukpaw/documents/CFPPFM-new-generation-with-profits

Any guarantees are based on the ability of the issuing insurance company Scottish Equitable plc to pay them. If, for example, that company no longer existed, then the guarantees it provides may be affected.

When we talk about a guarantee or guarantees, we mean the promise we make that the product or feature will deliver you a certain benefit.

The cost of meeting the guarantees may affect the value of the bonus. It’s much like paying for the things you insure on a day-to-day basis just now. The cost of guarantees will depend on where you choose to invest your money.

The guarantees will no longer apply if you decide to cash-in your plan. We don't offer a guaranteed cash-in value so you could get back less than the amount you originally invested.

The value of an investment and any income from it can fall as well as rise and is not guaranteed. You may not get back the amount originally invested.