Royal London has again increased bonus payout for it’s with profit policies. This increase covers all Royal London policies and Scottish Life policies written since 1 July 2001.
Royal London has delivered endowment payouts, which have continued to be among the highest in the market. A typical example is a 25 year £50 per month endowment savings policy, is estimated to payout £1000 more than its nearest competitor.
Our view
Given improvement over the last few years in stock markets, it is no surprise that some providers are passing these returns to their ‘with profits’ clients.