Standard Life announces with-profits plan bonuses

Standard Life has announced that investors in its with-profits plans are to receive an increase in va...

Standard Life has announced that investors in its with-profits plans are to receive an increase in values and payouts despite last year’s market turmoil. The group said there will be a year-on-year increase in payouts across all types of plan, and an estimated £800m of bonuses to be added. Annual bonus rates will be maintained or increased for unitised with-profits investments, and fewer plans will be subject to Market Value Adjustments (MVA). “In spite of the volatile year, payout values for all types of with-profits plans have increased over the last year,” said Standard Life actuari...