Another Blow for with-Profits As Standard Life Cuts Final Bonuses
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Summary
THOUSANDS of with-profits policyholders with Standard Life have suffered a cut in the final bonus on plans maturing now.
A 25-year mortgage endowment payout has been cut by 9 pc to Pounds 28,273. Earlier this year, the insurer was paying out Pounds 31,066 on a similar plan. The figures are based on a policy taken out by a 29-year-old man paying in Pounds 50 a month.See the full content of this document
Extract
Another Blow for with-Profits As Standard Life Cuts Final Bonuses
The insurer has 55,000 endowments, out of its ...
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